Introducing Snapshot v2: A new interface for enhanced DAO governance
Snapshot Labs is excited to announce the beta release of Snapshot v2, a new interface to start the evolutionary journey of a product that the web3 space has gotten to know so well.Governance is more than voting. As the most used tool in DAO governance, Snapshot is expanding in order to provide more of what DAO communities need, in one place. The vision for Snapshot v2 is to unite the governance flow on one platform. We want to reduce the friction that DAO participants often have to endure whe...
Introducing Snapshot's onchain voting protocol: Snapshot X
Snapshot Labs is pleased to announce the launch of Snapshot X, our new fully onchain voting protocol integrated seamlessly into the recently launched Snapshot v2 interface. Snapshot X combines the best of both worlds: the security and verifiability of onchain voting and trustless execution, plus the frictionless ease and modularity that Snapshot is known for. With Snapshot X, DAO communities can continue to enjoy the best governance user experience while adding on the security guarantees that...
Starknet governance launches on Snapshot X
Following yesterday’s launch of Snapshot X, we’re excited to announce that Starknet has deployed its governance onto the Snapshot X protocol, via the Starknet Governance Hub, a custom UI designed by Yuki Labs. Starknet’s first onchain vote via Snapshot X is live now until September 13, 2024, to decide on a potential STRK staking program. If you’re a STRK holder, be sure to cast your vote on this pivotal decision. We look forward to onboarding more great projects onto Snapshot X soon! Create y...
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Introducing Snapshot v2: A new interface for enhanced DAO governance
Snapshot Labs is excited to announce the beta release of Snapshot v2, a new interface to start the evolutionary journey of a product that the web3 space has gotten to know so well.Governance is more than voting. As the most used tool in DAO governance, Snapshot is expanding in order to provide more of what DAO communities need, in one place. The vision for Snapshot v2 is to unite the governance flow on one platform. We want to reduce the friction that DAO participants often have to endure whe...
Introducing Snapshot's onchain voting protocol: Snapshot X
Snapshot Labs is pleased to announce the launch of Snapshot X, our new fully onchain voting protocol integrated seamlessly into the recently launched Snapshot v2 interface. Snapshot X combines the best of both worlds: the security and verifiability of onchain voting and trustless execution, plus the frictionless ease and modularity that Snapshot is known for. With Snapshot X, DAO communities can continue to enjoy the best governance user experience while adding on the security guarantees that...
Starknet governance launches on Snapshot X
Following yesterday’s launch of Snapshot X, we’re excited to announce that Starknet has deployed its governance onto the Snapshot X protocol, via the Starknet Governance Hub, a custom UI designed by Yuki Labs. Starknet’s first onchain vote via Snapshot X is live now until September 13, 2024, to decide on a potential STRK staking program. If you’re a STRK holder, be sure to cast your vote on this pivotal decision. We look forward to onboarding more great projects onto Snapshot X soon! Create y...
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Did you know that the average voter turnout in DAOs is alarmingly low, often dipping below 20%? This lack of engagement, known as voter apathy, threatens the very essence of decentralized governance. Introducing Boost: a direct response to this challenge. It incentivizes members to vote on proposals by offering rewards, making participation not only a duty but also a rewarding experience.

Boost is a protocol and a new feature in beta on Snapshot, crafted to drive voter participation in specific proposals by offering ERC-20 token rewards. It allows anyone to enhance a proposal with rewards for voters, setting the stage for increased engagement. Traditional airdrops typically offer only temporary spikes in engagement. Boost encourages active participation, a method similar to what big DAOs like Optimism and Uniswap are looking into or using.
By incentivizing active participation, Boost adopts a strategy similar to approaches considered or used by leading DAOs such as.
Through Boost, creators can choose how rewards are distributed and specify eligibility criteria to give voters the right incentives to participate.
Anyone can create a Boost directly from a proposal’s page by deciding on three parameters:
1. Reward
The first step in creating a Boost is to decide on the token to be used and the amount to deposit. These tokens are deposited in the Boost smart contract for distribution to eligible voters.

2. Distribution
Second, select the reward distribution method. Using the “Lottery” distribution, you can define a number of voters that will be randomly selected, the voters with more voting power get more chances to win, with an option to cap probabilities for fairness. The “Proportional” distribution the rewards aligns with voting power — the greater your voting power, the larger your share of the rewards, there is also an option to set a cap to ensures no single voter can take too much of the rewards.

Boost is continually evolving to better serve DAOs and their communities with varied distribution strategies. If you envision a new approach or have suggestions for improvements, we welcome collaboration. Feel free to develop and propose your own strategy to enhance how rewards are distributed.
3. Eligibility
Finally, set eligibility criteria: decide to reward all voters to encourage broad participation, or specifically reward those voting for a certain outcome.
Note that the latter option, more commonly known as bribes, can be abused and have a negative impact on governance. This is the reason we only recommend this option for specific use cases, like deciding on how liquidity mining rewards should be distributed. By default this option will be disabled and can only be enabled by a DAO in the space settings.

Voters can engage with a Boost by performing two key actions:
1. Vote
By voting on a proposal, voters become potentially eligible for its Boost rewards.
2. Claim rewards
After the voting period ends, voters who meet the eligibility criteria can claim their rewards.

Boost is on its way to becoming available for all spaces on Snapshot. If you're ready to address voter apathy and make governance more engaging in your DAO, we invite you to join us. Complete this form to be part of this exciting journey.
To further validate Boost's effectiveness, we are collaborating with Eliza Oak from Yale University and a16z crypto on research to empirically document how giving token rewards increases DAO participation. If you're interested in participating and want to learn more, you can find additional details in this article.
Did you know that the average voter turnout in DAOs is alarmingly low, often dipping below 20%? This lack of engagement, known as voter apathy, threatens the very essence of decentralized governance. Introducing Boost: a direct response to this challenge. It incentivizes members to vote on proposals by offering rewards, making participation not only a duty but also a rewarding experience.

Boost is a protocol and a new feature in beta on Snapshot, crafted to drive voter participation in specific proposals by offering ERC-20 token rewards. It allows anyone to enhance a proposal with rewards for voters, setting the stage for increased engagement. Traditional airdrops typically offer only temporary spikes in engagement. Boost encourages active participation, a method similar to what big DAOs like Optimism and Uniswap are looking into or using.
By incentivizing active participation, Boost adopts a strategy similar to approaches considered or used by leading DAOs such as.
Through Boost, creators can choose how rewards are distributed and specify eligibility criteria to give voters the right incentives to participate.
Anyone can create a Boost directly from a proposal’s page by deciding on three parameters:
1. Reward
The first step in creating a Boost is to decide on the token to be used and the amount to deposit. These tokens are deposited in the Boost smart contract for distribution to eligible voters.

2. Distribution
Second, select the reward distribution method. Using the “Lottery” distribution, you can define a number of voters that will be randomly selected, the voters with more voting power get more chances to win, with an option to cap probabilities for fairness. The “Proportional” distribution the rewards aligns with voting power — the greater your voting power, the larger your share of the rewards, there is also an option to set a cap to ensures no single voter can take too much of the rewards.

Boost is continually evolving to better serve DAOs and their communities with varied distribution strategies. If you envision a new approach or have suggestions for improvements, we welcome collaboration. Feel free to develop and propose your own strategy to enhance how rewards are distributed.
3. Eligibility
Finally, set eligibility criteria: decide to reward all voters to encourage broad participation, or specifically reward those voting for a certain outcome.
Note that the latter option, more commonly known as bribes, can be abused and have a negative impact on governance. This is the reason we only recommend this option for specific use cases, like deciding on how liquidity mining rewards should be distributed. By default this option will be disabled and can only be enabled by a DAO in the space settings.

Voters can engage with a Boost by performing two key actions:
1. Vote
By voting on a proposal, voters become potentially eligible for its Boost rewards.
2. Claim rewards
After the voting period ends, voters who meet the eligibility criteria can claim their rewards.

Boost is on its way to becoming available for all spaces on Snapshot. If you're ready to address voter apathy and make governance more engaging in your DAO, we invite you to join us. Complete this form to be part of this exciting journey.
To further validate Boost's effectiveness, we are collaborating with Eliza Oak from Yale University and a16z crypto on research to empirically document how giving token rewards increases DAO participation. If you're interested in participating and want to learn more, you can find additional details in this article.
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