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DeXe Protocol - Announcements DeXe Protocol - Announcements @dexe_network · 7.21K subscribers
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📌Is Snapshot off-chain voting working for DAOs?

Snapshot is set up to offer a quick and comprehensive off-chain experience that is very close to DAO voting. But is it?

✅Snapshot has over 13k “spaces” using it, aka DAO communities. 10k of them on Ethereum, 1.5k on Polygon, 1.3k on the BNB Chain, and so on. And they’re certainly active: nearly 29k users authored over 84k proposals, and over 1.7M voters cast nearly 10.4M votes.

The Optimism Collective and the STG DAO are the most active spaces, each with over 1M votes cast. Meanwhile, in terms of the sheer number of proposals, PancakeSwap leads the pack with over 1.7k proposals.

⚠️Except… there are actually two PancakeSwap spaces. And it’s not so easy to tell the real one from the fake.

Learn about the curious case of two PancakeSwaps and how Snapshot works in the full article 👉 here
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