Governance on Coinbase Prime

Governance lets you vote on a protocol’s platform technology, strategy, updates and rules. Coinbase Prime supports specific assets for delegation whereby you are able to delegate your voting power to a self custodial wallet such as Prime Onchain Wallet while keeping your assets in secure Custody. 

See below for the assets Coinbase Prime supports delegation for:


Supported assets

Asset

Delegation Supported

Aave

✅

Gitcoin

✅

Uniswap

✅

Compound

✅

Arbitrum

✅

Blur

✅

Optimism

✅

Connext

✅

You must have one of the following roles within a portfolio to delegate your voting power: Administrator or Authorized signatory

To delegate your voting power:

  1. Sign in to Coinbase Prime

  2. Search for the delegation supported asset

  3. Click Governance

  4. Click Delegate with New Wallet 

  5. Select the Vault Wallet you want to delegate voting power from

  6. Input the self custodial address such as your Prime Onchain Wallet address you wish to delegate the voting power to

  7. Select Delegate

  8. Verify identity with Yubikey 

    1. Consensus will need to be met in order to confirm the delegation

You must have one of the following roles within a portfolio to undelegate your voting power: Administrator or Authorized signatory

To undelegate your voting power: 

  1. Sign in to Coinbase Prime

  2. Search for the delegation supported asset

  3. Click Governance 

  4. Select Undelegate for the specific wallet you wish to action on

  5. Select Undelegate on the next pop up screen

  6. Verify identity with Yubikey

    1. Consensus will need to be met in order for the undelegation to confirm

You must have one of the following roles within a portfolio to change your delegation: Administrator or Authorized signatory

To change delegation of your voting power:

  1. Sign in to Coinbase Prime

  2. Search for the delegation supported asset

  3. Click Governance 

  4. Select Change delegate for the specific wallet you wish to action on

  5. Input the self custodial address such as Prime Onchain Wallet you wish to change your delegation to

  6. Select Delegate 

  7. Verify identity with Yubikey

    1. Consensus will need to be met in order for the change of delegation to confirm