The DAO governance platform Snapshot X has been officially launched. The platform introduces a new protocol based on Layer 2, and realizes the DAO's zero-gas-fee on-chain voting function through Starknet's rollup technology. Jeremy Musighi, COO of Snapshot Labs, called this a turning point in on-chain governance, enabling DAOs to provide free on-chain voting to the community for the first time, increasing decision-making participation.
Snapshot X makes use of STARK scaling technology and proof of storage to enable cross-chain secure voting without transferring tokens or paying gas fees. The system also makes use of transaction repeater Mana, which allows users to sign votes with Ethereum wallets, which are then relayed to the Starknet network. To demonstrate its capabilities, Snapshot X will first conduct a governance vote on new staking proposals in the Starknet community
Snapshot X Officially Released, Zero Gas Fee On-Chain Voting Through Starknet
2024-09-09 09:39:59
DAO governance platform snapshot officially launched the platform introduceddesk3cryptocurrencydesktopCrypto News
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