Delegate Cash, also known as delegate.cash, is a solution for providing security for digital assets. It is intended to make airdrops and token claims safer. It can be used to link a user's cold wallet to a hot wallet for future transactions with projects that support Delegate Cash. Since the wallets are linked, the hot wallet can act on behalf of the cold wallet.
Delegate Cash allows users to delegate their entire wallet or specific parts of it, such as a singular contract or a non-fungible token (NFT). It uses smart contracts to act as a secure registry. Delegate Cash works on any EVM-compatible blockchain, including Polygon, Avalanche, and Optimism.
Liquid Delegates, also known as LDs, are solutions designed to encompass delegation rights in an NFT. Users can take an NFT they already own and choose a period of time to delegate it. The Liquid Delegate can be used for airdrop claims or DAO governance, and once the delegation period expires, the holder gets the NFT back.
Projects that have used Delegate Cash include the following: