Delegation — Own it, License it, Keep it

Delegation lets you put your Giraffe Tower NFT to work — earning $GARY or sharing its access — without ever selling it. Your Giraffe stays in your Gary Club wallet the entire time, and its value always stays with you.

What delegation is

Your Giraffe is a membership pass. Delegation separates the access from the ownership: you keep the asset (and all of its value), while its membership access can be kept, handed to someone else, or rented out for income — your choice, reversible anytime.

Enabling delegation

To start, you enable delegation on a Giraffe. This locks it in your wallet: while it is delegated it cannot be moved or sold — but you can unlock it anytime and it is immediately yours to move or sell again. Enabling is free; Gary Club covers the on-chain cost.

• The Giraffe must be in your Gary Club wallet (custodial). You can find your wallet address on the Delegation page.
• You need to hold at least 1,000 $GARY to enable delegation.
• It never leaves your wallet — enabling only locks it in place.

Three paths

Once a Giraffe is enabled, pick what to do with its access:

• Keep it — hold the access yourself. Full holder perks, nothing changes.
• Give it away — assign its membership access to another Gary Club member.
• Pool it — rent its access through the pool and earn $GARY every month.

How pool earnings work

When you pool a Giraffe, it backs a monthly membership for someone who joins that way. While it is rented, you earn a share of that membership revenue, paid in $GARY. Earnings accrue through the month and are paid out from the pool treasury on the 15th of the following month. You can see what you have earned on the Delegation page.

Your Giraffe's value stays yours

Delegation never moves the value of your Giraffe. Because it never leaves your wallet, you remain the owner on-chain at all times — only the membership access is delegated. Your portfolio value is unaffected whether you keep, assign, or pool it.

Unlocking

Change your mind anytime. Unlock a Giraffe to end its delegation; if it was pooled, it leaves the pool and your access returns to you. Unlocking is immediate and, like enabling, costs you nothing.

FAQ

Can my Giraffe be taken or sold while delegated? No. It stays in your wallet; delegation only locks it so it can't be transferred until you unlock it.

Do I lose holder perks if I pool it? If you pool or assign a Giraffe, its access goes to the renter or assignee for that period. Keep a Giraffe (or hold another) to retain your own access.

When do I get paid? Pool earnings for a month are paid in $GARY on the 15th of the next month.