A gasless governance platform that records votes off-chain by having participants sign messages, using token balances captured at a chosen block as voting weight. It avoids transaction fees while preserving a verifiable tally tied to on-chain holdings.
Semantic Classification
Content
- Snapshot lets organisations run governance votes without paying transaction fees by collecting signed messages rather than on-chain transactions. Voting power is determined from a snapshot of token balances at a specified block, so holdings cannot be borrowed for a vote after that point.
- Because the votes are stored off-chain, the results are advisory unless paired with an on-chain execution step, but the signatures remain independently verifiable. The platform supports several voting schemes, including weighted and quadratic methods.