🏢What is the Stewards delegation program?
Learn more about how the Steward delegation program helps governance in the GitcoinDAO.
Last updated
Learn more about how the Steward delegation program helps governance in the GitcoinDAO.
Last updated
One of the largest challenges of token governance was maintaining an active community of voters, which is crucial for legitimacy. Gitcoin launched a liquid democracy through the Stewards delegation program to combat this.
Any address holding GTC has voting rights in GitcoinDAO proportional to the number of GTC tokens it holds.
Many community members hold their GTC because they are interested in GitcoinDAO succeeding in its mission, but they might not want the responsibility of following every detail within the DAO or participating in every vote.
Stewards are active community members who participate in governance on behalf of GTC holders (delegates). The community directly determines the influence of a Steward by delegating GTC to them. The more voting rights assigned to them, the more trust the community has in their stewardship.
Many of Ethereum’s most trusted members have volunteered to be Gitcoin Stewards, but anyone can become a Steward.