Convex moves governance on-chain, allowing voters to select separate delegates for gauge weights and DAO proposals.
Regulation & Gov ·
Convex has implemented an on-chain governance upgrade that allows token holders to assign separate delegates for two distinct decision-making functions: gauge weight voting and DAO proposal votes. This separation of delegation authority enables more granular governance participation, as voters need no longer use the same representative for both types of decisions.
The change reflects broader evolution in DAO governance design toward greater flexibility in how token holders direct their voting power. By decoupling gauge weight selection—which determines liquidity incentive distribution—from broader protocol governance, the system accommodates voters whose interests or preferred delegates may differ between operational and strategic decisions.
The timing and specific mechanics of the rollout, including any transition period for existing delegates or voting preferences, remain unclear from available information. Whether this model influences participation rates or delegate concentration across the two voting classes will only emerge as voting patterns develop.