Should DAO implement on-chain voting ?

Voting ended about 3 years agoSucceeded

by 0x247e0896706bb09245549e476257a0a1129db418 (LordLike)

Currently DAO uses a Snapshot for all proposals. Snapshot is a off-chain voting tool based on the IPFS decentralized storage system. Snapshot doesn’t use ‘on-chain’ verification.

Snapshot sometimes fails to calculate Voting Power.

On-chain voting could potentially resolve these issues by moving vp logic calculation on blockchain and making voting available despite third-party failures. Using solutions such as Polygon will help optimize gas fees.

There is some software like https://docs.snapshotx.xyz/.

This proposal is to understand community opinion on whether the DAO should have an on-chain voting tool to create and store most important DAO governance decisions; not to have a single point of failure in a voting process due to Snapshot lags.

Yes
No
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Off-Chain Vote

Yes

406.23K VP55.8%

218.39K VP30%

Invalid question/options

103.23K VP14.2%

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Timeline

Dec 23, 2022Proposal created

Dec 23, 2022Proposal vote started

Dec 28, 2022Proposal vote ended

Oct 26, 2023Proposal updated