Snapshot X Launched: Gas-Free Voting Powered by Starknet Technology

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Snapshot X Announcement
  2. Snapshot X Technology and Features
  3. First Vote on Snapshot X


    4. Snapshot X, a governance platform for decentralized autonomous organizations (DAOs), has officially launched. This new Layer 2-based protocol enables onchain voting without high fees. Powered by Starknet’s roll-up technology, it aims to improve the voting process in blockchain projects.

    Snapshot X Announcement

    Snapshot X, a governance platform for DAOs, enables gas-free voting. Developed by Snapshot Labs, this Layer 2 protocol leverages Starknet's roll-up technology to simplify and reduce the costs of voting in blockchain projects, avoiding traditional expenses and complexities.

    Snapshot X Technology and Features

    Snapshot X uses scaling and storage proofs from StarkWare, the main developer of Starknet. This technology allows secure voting across different blockchains without the need to transfer tokens or rely on third-party intermediaries. Storage proofs ensure cryptographic verification of user assets, guaranteeing secure and tamper-proof voting processes.

    First Vote on Snapshot X

    The first vote on Snapshot X will take place from September 10-13, where Starknet community members will decide on a staking proposal. Voting will take place on the Starknet Governance Hub through a custom-built interface, marking the protocol’s debut in live governance.

    For the first time, DAOs can offer free onchain voting to their communities, promoting greater inclusivity and participation in decentralized decision-making.Jeremy Musighi, COO of Snapshot Labs

    The launch of Snapshot X marks a significant step toward improving DAO governance and decentralized decision-making. Leveraging Starknet technology, the platform offers secure, efficient, and free voting, making it an appealing tool for various blockchain projects.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Wall Street Banks Bullish on SPCX Stock

Two major Wall Street banks, Mizuho and Morgan Stanley, have expressed a bullish outlook on SpaceX stock (SPCX), with price targets of $200 and $300 respectively.

user avatarMaya Lundqvist

Elon Musk Optimistic About SpaceX AI Developments

Elon Musk expresses optimism about SpaceX's AI developments, expecting significant advancements in the coming months.

user avatarKaterina Papadopoulou

MEXC Introduces MEXC CLI for Enhanced AI Trading Experience

MEXC introduces MEXC CLI, a command-line tool that allows users to connect their AI agents directly to the trading platform for seamless trading execution.

user avatarLeo van der Veen

XRP Reaches New All-Time High After SEC Settlement

XRP has surged to a new all-time high of 365 in July 2025 following a settlement in the SEC vs Ripple lawsuit.

user avatarAisha Farooq

Warren Buffett's Berkshire Hathaway to Earn $848 Million from Coca-Cola Dividends

Warren Buffett's Berkshire Hathaway is set to earn $848 million in dividends from Coca-Cola due to its long-term investment since 1994.

user avatarTenzin Dorje

Coca-Cola to Pay Quarterly Dividends on October 1, 2026

Coca-Cola announces a quarterly dividend of $0.53 per share to investors before the ex-dividend date of September 15, 2026, payable on October 1, 2026.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.