What is vToken Delegation Voting?
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Bifrost vToken Voting mimics similar functionality to DOT delegation voting. The features can be compared in the following table
Delegate to address
✅
✅
Conviction
0.1x - 6x
0.1x - 6x
Track
Track Selection
Delegate to All Tracks (Default)
Delegation Removal
✅
✅
Capital: The total amount of your tokens.
Votes: Your voting power, calculated by multiplying your token capital by the conviction multiplier.
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.
If you want to delegate your vDOT voting rights to the entire Bifrost community for decision-making, this is an ideal choice.
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.
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.
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.
Bifrost adds a delegate function to the , allowing users to delegate their voting rights to specified addresses. When the delegated address votes, the delegating address will automatically follow their voting choice.
