13. Revoke tokens to the Treasury
Last updated
Last updated
Just as DAO members can delegate their own tokens to experts, granting them voting power, they also retain the ability to revoke those delegated tokens at any time. This allows members to reclaim their voting influence within the DAO as needed.
Similarly, the DAO itself can revoke tokens previously delegated from its treasury to a Local Expert. To initiate this process, a new proposal must be created to revoke the token delegation. If this proposal passes a successful community vote, the tokens are automatically returned from the Local Expert's wallet to the DAO's treasury.
Revoking delegated treasury tokens from a Local Expert follows these key points:
It requires a new proposal and community vote to pass
If successful, delegated tokens are transferred back to the DAO treasury
This removes the Local Expert's voting power derived from those tokens
The DAO retains flexibility to adjust token delegations as needed
This ability to revoke token delegations upholds the principles of decentralized governance within the DAO ecosystem. It ensures that token allocations to experts can be modified based on changing DAO requirements or community sentiment.
Select the desired expert from the list.
Specify the desired number of tokens. Once completed, click "Next."
Select if you'll create this proposal directly with your tokens, or use metagovernance delegation.
Provide a clear title and comprehensive description so members understand what's being proposed. Review and click "Vote & Create Proposal" to launch the proposal and self-vote.
Specify the number of tokens you want to use and confirm the transactions.
Click "Create" to launch the proposal, sign the transaction in your wallet and self-vote.
Once live, participate in discussions around your voting changes proposal. If the quorum is reached, the new parameters will go into effect after execution.
Use this template whenever you want to revoke tokens delegated to experts to the Treasury.
