Delegates & Participants
In House of Stake, delegates play a central role in executing governance on behalf of veNEAR holders. They are trusted participants who vote on proposals, help shape the future of the ecosystem, and are expected to act transparently and responsibly.
Delegates
Delegates receive voting power when other veNEAR holders delegate their tokens to them. To become a delegate, a user must meet certain requirements and publicly commit to participating in governance.
Responsibilities
- Vote actively on governance proposals
- Provide rationale for their decisions
- Engage with the community and answer questions
- Comply with the Code of Conduct and avoid conflicts of interest
Delegates may receive incentives if they meet participation criteria such as maintaining 80%+ voting activity, regular updates, and holding at least 0.5% of veNEAR.
Participants
Anyone holding veNEAR can participate in governance directly — by voting, submitting proposals, or delegating their tokens.
Participants can:
- Self-delegate or choose a delegate
- Submit improvement proposals (grants, rules, experiments)
- Join discussions in public governance forums
House of Stake encourages both direct and delegated participation to ensure flexibility and inclusion.
Role of Delegates
Participation in House of Stake is permissionless — anyone holding veNEAR can vote directly. However, the delegate system exists to streamline governance for everyday participants by enabling delegation to trusted representatives.
Endorsed Delegates
Endorsed Delegates are officially approved governance participants, selected by the Screening Committee through an open and competitive process.
The role was paused on April 5, following the announcement of the House of Stake Season 1 mandate update.