Snapshot Voting
(Available At Launch)
Snapshot Voting introduces a modern, trust minimized approach to conducting on-chain votes. Traditionally, DAOs have struggled with “flash voters” who acquire large amounts of tokens just before a vote to skew decisions and then sell immediately afterward. Snapshot Voting counters this by using randomized snapshots of token balances taken at unpredictable intervals, ensuring that only long-term, consistently engaged stakeholders can significantly influence the outcome of a vote.
Why It Matters:
Enhanced Fairness: By neutralizing short term governance manipulation, Snapshot Voting ensures that the weight of each vote reflects a genuine commitment to the DAO.
Configurability: DAOs can define their own thresholds for proposal approval, set specific voting durations, and require certain participation rates and quorums. This flexibility helps align governance processes with the DAO’s unique goals and community values.
Verifiable Outcomes: Vote tallying is performed directly on-chain, offering instant, tamper proof results. This transparency fosters trust, reduces disputes, and streamlines decision making.
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