Voting & Delegation 101
A healthy governance system is good for PoolTogether, its users, and the POOL token holders. You can help by putting your voting power to use.
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A healthy governance system is good for PoolTogether, its users, and the POOL token holders. You can help by putting your voting power to use.
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The POOL token governs the PoolTogether protocol. POOL token holders can:
Active governance participation includes doing research, providing helpful feedback, coordinating with other governance participants, and a certain time commitment to make educated decisions. Therefor you get to play an active role in growing the PoolTogether protocol.
Anyone can participate in decentralized governance. If you have questions or need help please don’t hesitate to .
PoolTogether governance exists on the Ethereum blockchain. Anyone, either holding POOL or being delegated POOL on Ethereum, can vote.
Voting happens onchain. To cast your vote you can use the or any other alternative governance interface. The outcome is the same, the only difference is the interface.
All active proposals are
You can delegate the voting weight of your POOL tokens to someone else to make governance decisions on your behalf. You still retain full ownership of your tokens, but your delegate will be able to vote.
Delegates are community members who volunteer to play an active role in PoolTogether protocol governance. Everyone can volunteer to be a governance delegate. Nonetheless, you don’t have to be a governance delegate to be able to vote on proposals.
If you don’t want to delegate your POOL tokens anymore, you can take your delegation back anytime by delegating to yourself.
Creating a proposal requires 10,000 POOL (0.1% of the total supply). Anyone who either
holds 10,000 POOL tokens
has 10,000 POOL tokens delegated to them
or, has 10,000 POOL combined from both
can submit a governance proposal.
All proposals must be submitted on the governance forum following the proposal process and must be clear, concise, and unambiguous. Organizing the proposals in this way makes it easy to track and discuss changes to PoolTogether.
Once submitted, governance proposals are voted on for five days. A proposal will pass if, after five days
the majority of votes are in favor
AND at least 100,000 votes have been cast in favor
There is a two day timelock before the proposal is actually implemented.
POOL tokens on the Optimism or Polygon are not included in protocol governance. However, they can participate in offchain governance, like signalling. All offchain voting happens on the .
previously discussed on the
announced on
displayed in the
You can see all Delegate Proposals . Please feel encouraged to post your own.
You can delegate the voting weight of your POOL tokens via or (both tools have the same outcome).
Learn more about the proposal process .
Governance Forum:
PoolTogether Governance Interface:
Alternative Governance Interfaces: ⎟⎟
Protocol Treasury:
