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 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.