🔎 What are DAOs?
A decentralized autonomous organization (DAO) is an emerging form of legal structure with no central governing body and whose members share a common goal to act in the entity's best interest. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs make decisions in a bottoms-up management approach.
🔰 What are DAO Voters?
DAO Voters are members who can decide on proposals and vote for/against them. For example, if you’re a Uniswap DAO Voter, you can vote on Uniswap proposals.
Some recent examples:
Paladin $PAL to $UNI, $COMP, $AAVE, $CRV voters
Optimism $OP multiplier for Snapshot voters
Voltz_xyz airdropped Voltz NFT to $UNI voters
Velodrome $VELO to CRV voters
EllipsisFi $EPS to CRV voters
And the list goes on…
🥇 How to be a DAO Voter?
To be a DAO Voter, we need to hold the governance token of the project and delegate voting power.
Here are some of the important protocols we should be a DAO Voter:
⚡ Uniswap:
Get some $UNI token on ETH Mainnet (No minimum amount)
You can buy on Uniswap, Sushiswap or any other DEX
Now go to app.uniswap.org/#/vote and hit “Unlock Voting”
A pop-up window will appear. Hit on “Self Delegate”. You should then be able to see your tokens as “Self-delegated”. You will now be able to vote on FUTURE proposals (not past and not current ones!)
✅ Now vote here:
On-chain: https://app.uniswap.org/#/vote
Off-chain: https://snapshot.org/#/uniswap
⚡ Stargate Finance:
Buy some $STG Token (Can be done on any chain, like BSC, ETH etc.)
Now stake your $STG here: https://stargate.finance/stake
Once you stake the token, you get the voting power.
✅ Now vote here: https://snapshot.org/#/stgdao.eth
⚡ Aave:
Get some $AAVE token on ETH Mainnet (No minimum amount)
You can buy on Uniswap, Sushiswap or any other DEX
Go to app.aave.com/governance/
Click on “Delegate” > Enter Wallet Address > Delegate
You can delegate your voting power to someone else as well. If your delegator votes, you'll be counted as a voter.
If you want, you can delegate to me. I barely miss any votes.
My delegation address: pranjalbora.eth
✅ Now vote here:
On-chain: https://app.aave.com/governance/
Off-chain: https://snapshot.org/#/aave.eth
⚡ Curve:
Steps to vote with $CRV:
Get some $CRV Token on ETH Mainnet (No minimum amount)
Go to dao.curve.fi/locker
Enter the amount of $CRV that you want to vote-lock (this will become your voting power as $veCRV). If you want to vote-lock all of your $CRV, simply hit on “Max”
Select the time period you want to vote-lock your $CRV for. We went for a maximum period (4 years) as it would accrue the maximum voting power over time.
Note that you will NOT be able to reverse this step and will NOT be able to sell your $CRV for 4 years.
✅ Now vote here:
On-chain: https://dao.curve.fi/dao
Off-chain: https://snapshot.org/#/aave.eth
⚡ Lido:
For Lido, you just need to buy and hold some $LIDO Token, on ETH Mainnet.
✅ Now vote here:
Off-chain: https://snapshot.org/#/lido-snapshot.eth
⚡ Compound:
Buy some $COMP Token on ETH Mainnet
Head over to Compound Governance Section: https://app.compound.finance/#vote
Click on “Get Started” > Delegate Voting
Confirm and done.
✅ Now vote here:
On-chain: https://compound.finance/governance
Off-chain: https://snapshot.org/#/comp-vote.eth
⚡ ENS:
Buy some $ENS Token
Go to: https://www.tally.xyz/gov/eip155:1:0x323A76393544d5ecca80cd6ef2A560C6a395b7E3
Delegate vote and done!!!
✅ Now vote here:
On-chain: https://www.tally.xyz/gov/eip155:1:0x323A76393544d5ecca80cd6ef2A560C6a395b7E3
Off-chain: https://snapshot.org/#/ens.eth
⚡ MakerDAO:
Buy some $MKR Token (ETH Mainnet)
Then go MakerDAO: https://vote.makerdao.com/account
Connect wallet > Create Delegation Contract
Now click on “Delegate MKR to myself”
Confirm txn and done!
✅ Now vote here: https://vote.makerdao.com
⚡ PieDAO:
Buy PieDAO $DOUGH token
Stake to get voting power: https://piedaoorg.on.fleek.co/#/dough-staking
✅ Now vote here: https://snapshot.org/#/piedao.eth
You can vote for some specific Arbitrum protocols as well. This may increase your chance of qualifying for the Arbitrum airdrop.
Here is the full guide you can follow:
📌 Note: If you acquire voting power now, you can vote from the next proposal, not the current active proposals.
Only on MakerDAO, you can acquire voting power and start voting instantly.
That’s all for the guide. If you found it helpful, do collect this post and support our work 😊
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