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1inch Network1inch Networkby0x824732D3F4Eb94a20254cca9DE10485Ce445Bb40RoundElephant.eth

[1IP-87] Snapshot Pro Subscription

Voting ended 5 months agoSucceeded

Simple Summary

Subscribe to Snapshot Pro ($6,000/year) to restore delegation voting functionality critical to 1inch governance.

Abstract

The delegation strategy that powers 1inch DAO governance has been paywalled by Snapshot. This proposal requests $6,000 USDC from the DAO Treasury for an annual Snapshot Pro subscription to maintain governance continuity.

Motivation

  • Snapshot recently moved the delegation strategy to their Pro tier

  • Our entire governance system relies on delegation

  • Without Pro, we cannot post proposals using our established voting mechanism

Specification

  • Cost: $6,000 USDC per year

  • Payment: Send to Schnaps contract with metadata provided by Snapshot team: 0xe40bfeb5a3014c9b98597088ca71eccdc27ca410

  • Funding: 1inch DAO Treasury

Rationale

  • Critical Infrastructure: Delegation is fundamental to our governance model

  • Minimal Cost: $6,000/year is less than 0.06% of the treasury

  • Fair Value: We’ve been using Snapshot for the entirety of 1inch DAO’s existence but have not paid up until this point, so this cost seems reasonable

  • Avoid Disruption: Migration to alternative strategies would require smart contract changes and risk participation loss

  • Additional Benefits: Proposal monitoring (2hr response), priority support, delegates dashboard, enhanced visibility

Implementation

Upon proposal execution:

  1. Treasury sends $6,000 USDC to Schnaps contract

  2. Pro features activated immediately

  3. Annual renewal will be required

Off-Chain Vote

Yes
10.98M UP100%
No
0 UP0%
Abstain
0 UP0%
Quorum:110%
Download mobile app to vote

Discussion

1inch Network[1IP-87] Snapshot Pro Subscription

Timeline

Sep 09, 2025Proposal created
Sep 09, 2025Proposal vote started
Sep 14, 2025Proposal vote ended
Dec 09, 2025Proposal updated