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Is it time to redelegate?

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I want to share some tools that can help you determine 1) if your delegate is not performing as well as expected, and 2) how to find a new delegate.

In the video, I mention three sources:

Last month, the Foundation shared a “Delegate Resignation Process” that outlines good practices when a delegate decides to step down. If your delegate shares a long-term resignation, you can use these tools to find a new delegate.

Why Redelegation is Crucial

  • Redelegation ensures that decision-making and governance processes continue smoothly

  • For decisions to be valid, a quorum must be met

  • Redelegation keeps tokens active within the governance framework

  • A well-defined redelegation process makes the system resilient to changes and turnovers

I hope you find this video helpful. If you did, please consider minting this entry as an NFT.