Gnosis Safe releases first in a suite of tools for DAO governance; enabling on-chain execution of off-chain votes

2021-3-17 22:17

CryptoNinjas » Gnosis Safe releases first in a suite of tools for DAO governance; enabling on-chain execution of off-chain votes

Gnosis, a development ecosystem for decentralized finance, today announced it is combining the Gnosis Safe Multisig with popular governance platform Snapshot to create SafeSnap, which allows on-chain execution of off-chain votes.

SafeSnap is the first in a suite of decentralized governance tools being offered for Gnosis Safe, in order to bring much-needed infrastructure to the space.

“The ability to execute DAO vote outcomes in a decentralized way, without taking the whole process on-chain and incurring the resulting gas fees, has been a difficult one to solve. We’ve designed a module, easily added on to Gnosis Safe, that provides a simple and secure solution to this issue, ” said Stefan George, Gnosis Co-Founder, and CTO.

Projects

Seven projects including Yearn, dHEDGE, SushiSwap, mStable, BrightID, Stakewise, and PoolTogether are set to embrace SafeSnap, the latest in a long list of DeFi mechanisms produced by Gnosis.

SafeSnap is an oracle-based solution that uses Reality.eth to verify an off-chain vote’s outcome. After the off-chain vote’s outcome is verified, the proposal’s transaction can be executed by anyone.

Gnosis hopes that the SafeSnap module will pave a path towards more meaningful decentralization for the wide variety of projects using Gnosis Safe to manage their projects on Ethereum.

At the time of writing, more than $18B worth of Ethereum tokens is secured by Gnosis Safe, which is becoming the accounting standard for decentralized organizations.

CryptoNinjas » Gnosis Safe releases first in a suite of tools for DAO governance; enabling on-chain execution of off-chain votes

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gnosis governance execution off-chain votes on-chain safe

Источник: cryptoninjas.net

gnosis governance → Результатов: 7


Фото:

The DAO of Value: Gnosis Launches Prediction Markets-Based DAO

Gibraltar, Gibraltar, November 23, 2020 — Gnosis, one of the earliest companies building on Ethereum, has announced the launch of GnosisDAO, the industry’s first prediction market-driven collective. This will have the effect of progressively decentralizing Gnosis as a project using a native governance framework powered by their token economy, bringing governance to the coming internetRead MoreRead More.

2020-11-25 16:34


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