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Voting & delegation ​

ARM is a voting token. Your voting weight is your ARM balance — but it only counts once you have delegated it, and it is always measured at a fixed point in the past.

Voting power must be delegated ​

Holding ARM does not, by itself, give you an active vote. Voting power is inactive until you delegate it. You have two choices:

  • Self-delegate — assign your voting power to your own address, so you vote directly.
  • Delegate to someone else — assign it to a representative who votes on your behalf.

Delegating is a one-time action you can change at any time. Until you do it, your ARM has no say in governance, even though you hold it.

Balances are checkpointed ​

Every time ARM moves or a delegation changes, the token records a checkpoint of the affected balances. When a proposal is created, it fixes a snapshot at a specific past block, and all voting power for that proposal is read from the checkpoints at that block — permanently.

This has two consequences worth understanding:

  • You can vote and then move your ARM later (once transfers are enabled) without affecting the vote — your weight was already fixed at the snapshot.
  • You cannot acquire ARM after a proposal's snapshot and use it on that proposal.

Delegation at the moment of circulation ​

Two of the paths that put ARM into circulation — crowdfund claims and revenue-lock releases — delegate atomically. When you claim or release, you choose a delegatee in the same transaction, so the ARM enters your wallet already active in governance. (You can pick yourself; it's still an explicit choice.) This keeps circulating ARM from sitting idle and vote-inert. Grants from the contributor reserve are the exception: they arrive undelegated, and the grantee delegates them separately.

One level of delegation ​

Delegation does not chain. If you delegate to a representative, that representative votes with your weight — but they cannot re-delegate it onward to a third party. Voting power stops at whoever you delegated to.

What can't vote ​

  • The treasury cannot delegate or vote at all — the token itself blocks it, so protocol-owned ARM never influences governance.
  • ARM still held inside the crowdfund, revenue-lock, or reserve distributor contracts (allocated or locked, but not yet claimed, released, or paid out) is excluded from governance until it circulates.

This page covers how voting power is held and delegated at the token level. How votes are then counted — proposal snapshots, quorum, and the denominator of circulating voting power — is part of Governance.