Voting Power Delegation

The veCSM governance model allows token holders to delegate their voting power to other addresses — enabling more active participants to represent passive holders in protocol decision-making.

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Key Rules:

• Single Address Delegation Each veCSM holder may delegate to one address at a time.

• Dynamic Weight Adjustment Delegated voting weight updates in real time as the delegator’s veCSM balance changes.

• Effective Duration Delegation takes effect from the current block and remains valid until revoked or the veCSM is fully withdrawn.

• Delegation-Compatible Collateral Even when veCSM is locked as collateral in Flexi Loan, it still retains voting rights and can be delegated.

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How to Delegate

There are three delegation methods supported by the CosmBank governance system:

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1. Smart Contract Call

Use the delegate(address delegatee) function on the governance contract.

function delegate(address delegatee) external;

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2. Off-Chain Signature Delegation

Use delegateBySig() to delegate voting rights via a signed message — compatible with wallet providers like MetaMask.

This gasless method allows secure delegation without sending a transaction directly.

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3. Governance Dashboard (Front-End UI)

CosmBank provides an intuitive Governance Dashboard for managing delegations, voting, and proposal interactions without writing code.

veCSM delegation enables flexible, secure, and gas-efficient voting participation — giving every user a voice, even if they don’t vote directly.