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Multisigs are your last resort | Community executed treasury payments with oSnap

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Jul 21, 2023
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ETHGlobal Paris

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Alex Gaines

Imagine a DAO where core teams didn't have to execute transactions from a centralized multisig, but the community did it for them. oSnap takes gas free governance votes made in Snapshot and validates them onchain as transactions for your Safe smart contract wallet using UMA's oracle. Then it allows anyone to trustlessly initiate those transactions onchain. In the past if a DAO wanted to move funds or deploy a contract, they had to sign transactions from a centralised multisig. With oSnap you can let your community execute these transactions directly. Core teams can monitor everything onchain through UMA, while retaining the power to veto proposals and intervene in emergencies.