"degen" can refer to someone who engages in high-risk, speculative investments, especially in new or unproven digital assets or schemes. It's often associated with a kind of 'wild west' approach to investing. This is their dao. Wif hat.

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The Haberdashery

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Starting today, members of DAOs using @votecaster can delegate their voting power to other Farcaster users.

This helps increase DAO turnout and achieve thresholds by delegating to trusted community members transparently.

New features:
🫴 Delegate your voting power to another Farcaster user
📔 View all delegations in a specific DAO
💬 Notify all DAO members directly via Warpcast DC (if you're admin)

Delegation is liquid, which means that if user X delegates to user Y, and user Y delegates to user Z, then user Z will aggregate the voting power of all of them. Creating chains of trust, called Metadelegation.

Follow the thread to learn more 👇

ATTN Haberdashers, listen:

Votecaster by @vocdoni protocol now supports vote delegation.

If you are not active in the DAO and do not expect to become active, you should delegate to someone else (not me plz).

>goto farcaster.vote and sign in
>goto communities and find Haberdashery
>find the delegate option and do the thing

Brass tacks: The Haberdashery treasury has ~340k USD idle, and projects in the queue waiting for discussion and a vote. Our quorum is set too high for our current participation level. Delegating gives us the one-time leverage we need to reduce quorum to a healthier level, so we can get this machine started up again.

36 people have delegated their votes so far, among @purp, @ferran, @yes2crypto.eth, @whyshock, and myself. Choose wisely.

We've got work to do 🎩🌹

@vocdoni, prev. Bitcoin Magazine | Purple #203 | Cohost: /diy /anthropology /vote /biohacking /cooperatives

🗳️ Voting protocol | Open-source, decentralized, verifiable, tamper-proof & anonymous | Votecaster.io: DAO governance on Frames /vocdoni /vote

Whatever your decentralized, borderless, neutral, censorship-resistant open blockchain question is, the answer is YES… to Crypto!

Current delegation status (from https://farcaster.vote/app#/communities/degen/9)

Delegate to "Whyshock" if you want maximise Shareholder value!

Update on delegations 

Goal is to get another 25-30 more delegated. 

Then pass a vote to lower quorum since our qurom is so high currently 

Current people who currently have votes delegated 

@wake.eth 

@ferran 

Myself

@yes2crypto.eth

Delegating on @vocdoni is super easy

Go to https://farcaster.vote/app#/communities/degen/9

Go to where it says delegate and insert the name of the community member you want to delegate your vote to, easy as that

Almost at 10% of eligible voters delegated so far

@wake.eth 
@ferran 
@yes2crypto.eth 

Are all excellent alternative delegates to me

husband, father, degentleman, haberdasher 🎩🥂

On my to do list 

Suggestions on who to delegate to?

🗳️ I’m running to be a delegate for @thehaberdashery on @votecaster!

I promise to review each proposal carefully and always explain the reasons behind my vote. Remember, if at any point you disagree with my decisions, you can revoke your delegation at any time.

If you trust me to represent your views, head over to:
👉 https://farcaster.vote/app#/communities/degen/9

and delegate your voting power to me!

Good delegate responsible and active voter

Votecaster.io | Farcaster verifiable polls

A crowdfunded DAO deploying funds to builders scaling the Base ecosystem 🤝
General updates: /degendao
Proposals: /haberdash-props
Voting: /haberdash-vote

sneak peek of tomorrow's announcement... many new things on @votecaster, including Liquid vote delegation

Love to see it, also be sure esspecially if not an active voter to delegate today

Please remember esspecially if you've not voted in past or voted regularly that delegation is now live, this will greatly help us in getting this horse back on track

Delegation is now available on @vocdoni 

Going to be sending out a api pushed message today to all holders to try and encourage delegation

With participation down across the ecosystem we've run into issues due to our high quorum,  this will be an effort to relieve those issues

Let's go higher @justbuild "

If someone want to eligible for tipping need any help ask me about just build "

You can now follow other members of the Haberdashery Rolodex by checking out: https://autofollow.rolodex.social

Don't have your Rolodex account yet? DM @aditak or me for an invite (currently open for token holders only)

s/o @harshh-jainn for building this out - give him a follow, he's awesome!

I create & currate content on Farcaster Projects | 🛠️ Building @farmedia.eth | Player /fbi | Habsmin @thehaberdashery /degendao

figuring out how to create a two sided funnel

hobby cartoonist, software @ citi

Voting for the 'Treasury Management Proposal' is now live once again! 

Voting will be on for the next 72 hours 🎩  

TLDR: This proposal outlines a plan for the allocation and diversification of the DegenDAO treasury. By diversifying its holdings and strategically allocating funds, the aim is to enhance the stability, growth, and long-term value of DegenDAO.

Goal: To create a robust financial foundation that supports the Degen and Farcaster ecosystem, enhances value for the community, and positions DegenDAO as the most capitalized network on Farcaster.

Proposed Allocation:
🎩 Admin & Operations Fund: 5% of the treasury
🎩 Marketing & Comms Fund: 5% of the treasury
🎩 Grants Fund: 10% of the treasury
🎩 Investment Fund: 50% of the treasury
🎩 Reserves: 23% of the treasury
🎩 Purp's Allocation: 7% of the treasury

https://frame.vote/vOKtGE82