Definition
Snapshot is an off-chain voting infrastructure widely used in crypto governance. It provides a web-based interface and backend for creating, publishing, and recording governance proposals and vote tallies without writing them directly to a blockchain. Snapshot integrates with token standards and identity systems to determine voting power, serving as a coordination layer for decentralized organizations and token-based decision-making processes.
In Simple Terms
Snapshot is an online tool that crypto communities use to run token-based votes. It lets people with governance tokens or similar rights cast votes on proposals, and it records the results off-chain. It acts as a shared place where decentralized groups can organize and track their governance decisions.
Context and Usage
Snapshot is commonly referenced in discussions about DAO governance, token-holder coordination, and decentralized decision-making. It appears in documentation for DAOs, governance forums, and project governance frameworks as the primary venue where proposals are posted and votes are recorded. It is treated as core infrastructure in ecosystems that rely on governance tokens and community-driven treasury or protocol decisions.