What is vToken Delegation Voting?

Overview

Delegating voting power to a trusted community member can be an effective way to participate in the decision-making process of Bifrost OpenGov. It allows you to empower others who share your values and vision for the ecosystem to represent you and vote on your behalf.

Bifrost vToken Voting mimics similar functionality to DOT delegation voting. The features can be compared in the following table

	Polkadot Delegation Voting	vToken Delegation Voting
Delegate to address	✅	✅
Conviction	0.1x - 6x	0.1x - 6x
Track	Track Selection	Delegate to All Tracks (Default)
Delegation Removal	✅	✅

FAQ

What are Capital and Votes?

Capital: The total amount of your tokens.

Votes: Your voting power, calculated by multiplying your token capital by the conviction multiplier.

What is “delegate to Bifrost OpenGov”?

We encourage vDOT holders to delegate their voting rights to the Bifrost Delegate Voting Track (DVT). DVT is one of the Bifrost OpenGov tracks, specifically responsible for governance voting on Polkadot proposals. Check how does it works below.

If you want to delegate your vDOT voting rights to the entire Bifrost community for decision-making, this is an ideal choice.

How does Bifrost Delegate Voting Track (DVT) works?

• This track allows anyone to apply for vDOT voting through Bifrost Opengov.

• The vDOT votes in this track come from vDOT that holders voluntarily delegate to the DVT system address.

• All proposals in DVT are executed through BNC referendum.

• If the democratic referendum passes, DVT will automatically call vTokenVoting to execute cross-chain DOT voting according to the applicant's voting intention, and all delegators who delegate vDOT to DVT will automatically execute delegated voting.

If someone delegates their voting power to me, how should I use the delegated voting power?

The delegated voting power will automatically follow your voting choices when you vote. For example, if your address has been delegated 10 vDOT, when you vote with your own vDOT balance, these 10 vDOT of delegated voting power will automatically vote according to the same choice.

Can I remove my delegation?

You can cancel your delegation at any time, and the associated locks will be automatically released.

• For ongoing referendums, you can unlock by modifying the vTokenVoting operation.

• For completed referendums, you can only wait for the conviction lock period to naturally expire.

How does Delegation Voting works?

Bifrost adds a delegate function to the vTokenVoting module, allowing users to delegate their voting rights to specified addresses. When the delegated address votes, the delegating address will automatically follow their voting choice.

This function involves two roles: the delegator and voter.

Bob (delegator) delegates 10 vDOT to Alice (voter) with a conviction multiplier of 6x (lock period of 224 days).

• When Alice votes on a proposal (contributing 1 vDOT with a 0.1x conviction multiplier, voting AYE), Bob's delegated 60 vDOT (10 vDOT × 6) will automatically follow with a vote in Aye as well.

  • During this period, Bob can cancel the delegation at any time, and the voting rights will be returned to him.

  • If Bob cancels the delegation after the voting has ended, he will need to wait until the 224-day lock period expires before manually unlocking.