oSnap - Snapshot Voting by Contract vs MultiSig

in LeoFinance2 years ago

vote3569999_1280.jpg

Does your project use #snapshot for governance? If so, how does it execute online transaction that have met quorum with a passing #vote? The Reality.eth module has worked ok to date, but a known attack vector exists in an escalation game if the vote is disputed. Another limitation is the use of a MultiSig to execute passing acts of #governance. If your protocol has ever had concern about either of these topics, you'd do well to check out #oSnap.

Powered by #UMA, oSnap allows for execution via contract instead of a MultiSig. Any disputes would trigger the UMA DVM (Data Verification Mechanism), and be put before UMA token holders for a single escalation vote. Read more about oSnap on Medium.

https://medium.com/uma-project/announcing-osnap-gasless-snapshot-voting-with-on-chain-execution-

Cross-posted by yours truly on Lenster.xyz
https://lenster.xyz/posts/0x652c-0x1f

Feature Image Courtesy of Pixabay.com

Posted Using LeoFinance Beta