Restrict delegations on root and treasurer tracks

I propose not to allow any delegations on the following tracks which should be considered of vital importance:

Root track (could completely change the protocol)

Wish for change track (could produce deep changes in the protocol)

Treasurer track (unlimited spending without any cap, potentially burning the full treasury if the beneficiary address is a burn address)

The idea behind delegation is good, it's the concept that for specific actions you do not want to vote yourself but you rather trust a third party. However for things of extreme importance it is risky to trust a third party because of the well-known agent problem

Just like in your daily life you can issue a POA for a commercial contract but not for extremely important events like for example marriage / divorce / etc

Certain events are so critical that it is important to know that there is no risk that the agent might have a different opinion than the owner

This is not specifically targeted at DV (even if of course their role has to be considered) but it's more about the idea that for certain tracks it is perfectly reasonable to do delegations and for others it's not in order to protect the integrity of the system

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38.5%Aye
50.0%Threshold
61.5%Nay
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70.1MDOT
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111.97MDOT
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19.72MDOT
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[Deleted Account]

Hey Giotto,

I am not going to be as sharp as the other responders as I appreciate the underpinning of your argument. Delegators should be careful and aware of the risks when delegating on the aforementioned tracks. However, I believe that at the protocol level, there is sufficient functionality to afford users flexibility around track delegation, (see @BILL 's reply).

As a takeaway from this engagement, I think that tool and wallet developers should include some warning to users if they do provide a "select all track" delegation function. Some may have it already but it is worth noting.

Thank you for your proposal and keep thinking, innovation sees many nays along the way. Consider my nay a soft nay with a handshake.

Regards,
Will | Paradox

Edited

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[Deleted Account]

Users should be able to do what they want/wish/think its best with their tokens. Restricting delegations would only have the effect of centralizing decision-making. I agree with Jimmy in that, particularly for coin-voting models, the principle of delegation is foundational to a distributed governance model and we should strive to refine the delegation mechanism, not restrict it entirely.

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