Difference between revisions of "Snapshot voting"
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Participating in proposals is a must for DAO participants, it helps ensure DAO´s future and availability | Participating in proposals is a must for DAO participants, it helps ensure DAO´s future and availability | ||
Proposals on Snapshot are a great way to get alpha | Proposals on Snapshot are a great way to get alpha on upcoming changes to a participating project, investors might use this bot<ref>https://9000.hal.xyz/recipes/snapshot-follow-new-proposals</ref>to track new proposals. | ||
== Sources: == | == Sources: == | ||
Revision as of 20:43, 4 May 2022
Snapshot is a decentralized voting system. It provides flexibility on how voting power is calculated for a vote. Snapshot supports various voting types to cater to the needs of organizations. Creating proposals and voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain. It has been proved its status and become de facto a standard in DAO governance
In short, Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results.
- Free (gasless) to create proposals and vote on them
- Votes are signed messages easily verifiable online
- Multiple voting systems - Single choice, Approval voting, Quadratic voting, and more
- Flexible voting strategies to calculate voting results - vote with ERC20s, NFTs, other contracts, and more
- Spaces can have their branding with custom color schemes and domain name
Participating in proposals is a must for DAO participants, it helps ensure DAO´s future and availability
Proposals on Snapshot are a great way to get alpha on upcoming changes to a participating project, investors might use this bot[1]to track new proposals.