For security. The Punk DAO membership NFT is a freemint for Punks and non-transferrable. You can re-mint it into a new hotwallet any time and it supports delegation. This means you can delegate from your Punk wallet and mint the NFT without needing to connect your Punk wallet again. Generally, for 'proving you have a punk', it's a better token to use.

An ideal setup is to have your Punk DAO membership NFT in a mobile hotwallet so that you can use to to prove Punk ownership while on the move. This does not require connecting your vault.

In addition, we want to support Punk DAO and encourage Punks to be a member of the community. By joining the DAO, you're supporting an organized community of punkholders.

Yes, but via the Punk DAO membership NFT. You can delegate from your Punk wallet and mint the NFT to a hotwallet which you then use on Punk List.

Punk List does not support a second layer of delegation from the membership NFT to a third wallet at this time because it would not add significant utility. You can specify a different claim wallet from your Punk DAO NFT wallet when you sign up to projects.