- Snapshot X enables free onchain voting without gas fees.
- Powered by Starknet’s roll-up technology for secure, cost-efficient governance.
Snapshot X, a governance platform designed for decentralized autonomous organizations (DAOs), has officially launched, offering a Layer 2-based protocol that enables onchain voting without gas fees. This breakthrough is powered by Starknet’s roll-up technology, which aims to streamline the often costly and inefficient voting processes in blockchain projects.
Traditionally, DAOs have been forced to choose between fast, centralized off-chain voting systems or slower, more expensive onchain voting that adhered to blockchain’s decentralized principles. Snapshot X eliminates this trade-off by offering a cost-effective on-chain voting solution that adheres to the core values of decentralization, without the financial burden.
Meanwhile, Jeremy Musighi, COO of Snapshot Labs, described Snapshot X as a game-changer for on-chain governance. “For the first time, DAOs can offer free onchain voting to their communities, promoting greater inclusivity and participation in decentralized decision-making,” Musighi stated.
Snapshot X uses STARK scaling and storage proofs—a cryptographic feature developed by StarkWare, the main developer of Starknet. This technology allows users to securely vote across different blockchains without needing to transfer tokens or rely on third-party intermediaries. Storage proofs also enable cryptographic verification of user assets, ensuring secure and tamper-proof voting processes.
Gas-Free Voting for Starknet Minting Proposal
Snapshot Labs, which already powers off-chain voting for 96% of DAOs, including major DeFi projects like Lido and Aave. It is now offering this blockchain-based option through Starknet. Users can vote based on assets held on one blockchain while conducting governance on another, without paying gas fees.
Moreover, the first vote on Snapshot X will occur from September 10-13. It is where Starknet’s community members will decide on a staking proposal. The Starknet Governance Hub will host the voting through its custom-built interface. It marks the protocol’s debut in live governance.
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