Gnosis Merges With Snapshot to Facilitate On-Chain Governance
Gnosis’ newly launched DAO governance tool, SafeSnap, aims to allow users to execute decentralized governance decisions without incurring expensive gas fees on-chain. Gnosis has merged its multisig wallet, Gnosis Safe, with the off-chain (and therefore gasless) DAO governance dashboard, Snapshot, to create SafeSnap as an addable module for Gnosis Safe. SafeSnap is designed to verify…
By: Dan Kahan • Loading...
DeFiGnosis’ newly launched DAO governance tool, SafeSnap, aims to allow users to execute decentralized governance decisions without incurring expensive gas fees on-chain.
Gnosis has merged its multisig wallet, Gnosis Safe, with the off-chain (and therefore gasless) DAO governance dashboard, Snapshot, to create SafeSnap as an addable module for Gnosis Safe.
SafeSnap is designed to verify DAO vote outcomes off-chain, and then allow the proposal transaction to be executed by anyone.
Major projects including Yearn and SushiSwap plan to utilize SafeSnap.
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