Governance

A Snapshot is a decentralized voting system that provides flexibility on how voting power is calculated for a vote. Snapshot supports various voting types to cater to the needs of different organizations. Creating proposals and voting on Snapshot is user-friendly and does not require gas fees as the process is performed off-chain.

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Advantages Of Using Snapshot

Snapshots provide a multitude of benefits for decentralized communities. These include, but are not limited to, features such as:

• Anyone can create a proposal and allow community members to vote on it. No gas fee required
• Votes are signed messages; they can't be duplicated and are easily verified online
• Multiple voting systems - single choice, approval voting, quadratic voting, and more
• Flexible voting strategies to calculate voting results - you can vote with ERC20s, NFTs, other contracts
• Open-source with MIT license

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Additional Info

If you'd like to learn more about Snapshots and their role within governance as a whole, please check out these additional sources and articles:

• Snapshot Official Documentation
• How Do I Vote On A Snapshot?
• Delegating Votes For Snapshot

Sushi's official snapshot page can be found here.

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