Welcome to the Governance Resources section of Snowcone DAO. Here, we provide detailed information and guides on our governance structure and the tools we use to ensure a fair and transparent decision-making process. Our primary tools for governance include Snapshot and Gnosis Safe.
Snapshot is a gasless, multi-governance client with easy proposal mechanisms and voting. It allows Snowcone DAO members to propose changes and vote on them in a democratic and decentralized manner. Snapshot ensures that every voice in our community is heard and that decisions are made collectively.
[Link to detailed guide on using Snapshot]
Gnosis Safe is a secure and trusted platform for managing digital assets and smart contracts. At Snowcone DAO, we use Gnosis Safe to implement multi-signature wallets, enhancing the security of our operations and ensuring that major decisions are approved by multiple trusted parties.
[Link to detailed guide on using Gnosis Safe]
By understanding and utilizing these tools, you can actively participate in the governance of Snowcone DAO, contributing to our growth and success.
From the Snapshot Docs:
Snapshot is a decentralized voting system. It provides flexibility on how voting power is calculated for a vote. Snapshot supports various voting types to cater to the needs of organizations. Creating proposals and voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain.
In short, Snapshot is an off-chain gasless multi-governance client with easy to verify and hard to contest results.
You can easily set up Snapshot voting with a Snowcone project token by using the strategies below. Make sure you follow the TODO notes, and delete the notes once you do. If you need help customizing your parameters, send a message in the Snowcone Discord.
The majority of Crypto wallets are protected by a private key that may be converted into a 12-word "seed phrase." If this private key is compromised, the money are susceptible to theft.
Gnosis Safe is an Ethereum-based smart contract wallet that needs a minimum number of persons to authorize a transaction before it can take place (M-of-N). If, for instance, your firm has three primary stakeholders, you may configure the wallet to demand consent from all three before sending a transaction. This ensures that no one individual may jeopardize the cash.
A multisig (like Gnosis Safe) protects you and your community.
If your wallet becomes compromised, the attacker cannot take over your Snowcone project.
You (or another Safe signer) could not unilaterally execute malicious transactions affecting your Snowcone project.
A multisig is an extra shield to protect your projects from harmful or faulty reconfigurations. It does come with risks though—if you cannot meet the Safe's threshold, you will lose access to everything inside of it.
Visit gnosis-safe.io and click Open app in the upper right-hand corner.
Connect your wallet and click + Create new Safe.
Click Continue to create your Safe on AVAX, and click Continue again once you have named your Safe.
When configuring Owners and Confirmations, you should have:
More than one owner.
A threshold higher than one.
A threshold lower than the number of owners. Therefore, even if one owner loses access to their account, the Safe can still be accessed.
5. Click create and confimr the transaction to deploy your Safe. Then click Get started.
To deploy your Snowcone Project from a Gnosis Safe, open the Apps page in the left-hand menu on gnosis-safe.io/. Search for the Snowcone app and open it. From there, you can follow standard creation guides—instead of deploying your project at the end, a transaction to deploy your project will be queued, and other multisig owners will have to sign that transaction.
Someone will have to pay gas fees and execute the transaction once it reaches the required number of signatures.