Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Snapshot Labs has launched Snapshot X, a new onchain voting protocol built on Starknet. This protocol enables gas-free voting, enhancing the security and verifiability of onchain voting while maintaining the ease and modularity that Snapshot is known for. Snapshot X leverages Starknet’s rollup technology and Herodotus’s storage proofs to verify token ownership without requiring a bridge to Ethereum. This development is expected to revolutionize DAO governance by making participation cheaper and more efficient. The protocol is already being adopted by 96% of DAOs, including major DeFi platforms like Lido and Aave. Additionally, STRK has jumped more than 15% in the past seven days.
96% of DAOs rely on @SnapshotLabs for their governance needs. Why? It’s incredibly flexible and modular. And now, with Snapshot’s new protocol, it’s fully onchain. Snapshot X combines onchain voting with the OG protocol’s well-known advantages, and being built on Starknet, tx… https://t.co/BF3jcrr7jT
Snapshot X Goes On-Chain: A New Era for DAO Governance Snapshot's shift to on-chain voting with Snapshot X on Starknet is a game-changer for DAOs. We’re talking 96% of DAOs - including DeFi giants like Lido and Aave - finally getting a secure, gas-free way to validate votes… https://t.co/CIq48DX2SC
Snapshot X Goes Full DeGen: On-Chain Voting Hits Starknet! Snapshot just leveled up from off-chain OG to full-on Starknet. The new Snapshot X is bringing storage proofs into the mix - no more lame third-party middlemen, no gas fees, just pure on-chain vibes. 96% of DAOs,… https://t.co/SF8sBDyOZN
