Understanding Snapshot: A Quick Overview

[zumaklord]

Snapshot is a decentralized governance tool used in the DeFi and crypto space. It’s a read-only interface that allows token holders to signal their preferences in a voting process. Snapshot enables off-chain voting and helps projects gauge community sentiment without the need for costly on-chain transactions. Users sign messages with their wallets to create proposals and vote on them. It’s widely used in governance token systems and is favored for its efficiency and scalability.

[dorho1]

great read

[ssimohira]

Thanks for this

[trantien0909]

Thanks bro

[otas2003]

This was a great read

[onboardingcool]

thanks for educating

[josyakin]

Thanks for educating

[arinde]

A lot have gotten airdrop through voting

[duongbang262885]

thanks great info bro