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Use oSnap for community treasury payments — Multisigs as a last resort

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Sep 22, 2023
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Spoken At

ETHGlobal New York

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John Shutt

Imagine a DAO where core teams didn't have to execute transactions from a centralized multisig, but the community did it for them. oSnap revolutionizes governance by taking gas-free votes from Snapshot and validating them on-chain via UMA's oracle, facilitating Safe smart contract wallet transactions. Trustlessly initiated by anyone, this approach enhances transparency and decentralization. Previously, DAOs relied on centralized multisigs for fund transfers and contract deployments. oSnap empowers the community to execute transactions directly, while core teams maintain oversight through UMA. They retain veto power and emergency intervention capabilities, ensuring robust governance.