Delegated Governance
Prototype approach to faster decision‑making with full on‑chain visibility.
Concept Overview
Delegated governance lets any token‑holder temporarily assign their voting power to a trusted representative (delegate) instead of voting on every proposal. Delegations can be changed or cancelled at any time, so ultimate control always stays with the holder.
OLTA is exploring this model as an early prototype. The pilot will start with lower‑stakes proposals such as UI tweaks or documentation updates and may gradually expand to higher‑impact items once the community is confident in delegate performance.
Why OLTA Is Testing Delegation
Efficiency: fewer active voters reach quorum faster.
Expertise: dedicated delegates can analyse technical or legal details in depth.
Reduced fatigue: passive holders keep a voice without tracking every vote.
How It Works
Opt‑in: the holder signs an on‑chain transaction to delegate votes to a chosen address.
Delegate role: review proposals, publish reasoning, cast votes.
Revoke or switch: the holder can update or cancel the delegation instantly.
Transparency & Accountability
All delegations and votes are recorded on‑chain and shown in the governance dashboard.
Delegates publish brief reports of their voting activity.
A public leaderboard tracks participation and alignment with constituents.
Safeguards
Self‑custody: tokens never leave the holder’s wallet.
Timelocks: critical proposals include a delay before execution.
Multiple delegates: holders may split votes between several addresses.
Prototype Roadmap
Milestone
Description
Draft Concept
Define objectives, success metrics, and resource needs
Testnet Pilot
Enable delegation for non‑critical proposals
Review & Decision
Publish pilot results, gather feedback, decide next steps
Key Takeaway
Delegated governance is experimental at OLTA. The community will start small, measure outcomes, and scale to more critical proposals only if the model proves both reliable and cost‑effective.
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