Ring Protocol
Comment on page

Snapshot Voting

How to show support of proposals

What are Snapshot votes?

Snapshot is a widely used tool to quickly collect votes and tendency through offchain channel without cost of gas. However, Snapshot votes is ONLY to signal supports, all on-chain executable proposals must go through the Ring DAO
Snapshot votes can calculate voting power at a certain point in time (block, i.e snapshot) and customized token balances, including delegations or tokens held in staked LP tokens, for example.

How to Vote

  1. 2.
    Click on “Connect wallet” button in top right corner.
  2. 3.
    Connect with wallet provider where you hold RING
  3. 4.
    Select the active proposal you wish to vote on
  4. 5.
    After reading the proposal, select your preferred choice and "vote"
  5. 6.
    Your wallet will prompt you to sign a message, this does not cost any ETH and will submit your vote.

How Voting weight is calculated

Voting weight is equal to the sum of your RING held in wallet.

How to make a proposal

Anyone can make a proposal, simply follow the snapshot guidelines to do so: https://docs.snapshot.org/proposals/create