no delegation is needed, the idea is that only people that are actually invested in Hive are able to get in. All is explained in great detail here https://hive.blog/curation/@upvoteshares/upvote-shares-or-terms-and-conditions-qc10mo
The hive for shares goes to the @upvoteshares account. There are 3 available right now still at 4.70 Hive each, the next level where new shares become availavle is set to open soon.