Snapshot

Voting strategies determine how voting power is calculated for Snapshot proposals based on specific rules or conditions. Snapshot offers more than 400 available strategies, ranging from simple token-based methods to complex ones involving multiple conditions. Anyone can create custom strategies to precisely meet their governance needs. You can combine up to 8 strategies to calculate cumulative voting power, or up to 10 strategies in Turbo spaces.

The most frequently used strategies include:

ERC-20 balance (<code>erc20-balance-of</code>): Voting power is based on participants' ERC-20 token holdings.

ERC-721 NFT balance (<code>erc721</code>): Uses ownership of ERC-721 NFTs as voting power.

ERC-1155 NFT balance (<code>erc1155-balance-of</code>): Similar to ERC-721 but designed for ERC-1155 NFTs.

ERC-20 Votes (<code>erc20-votes</code>): Voting power is determined by delegated ERC-20 token balances.

Whitelist (<code>whitelist</code>): Grants a fixed voting power (usually 1 vote) to specific wallet addresses, regardless of onchain token holdings.

- ERC-20 balance (<code>erc20-balance-of</code>): Voting power is based on participants' ERC-20 token holdings.
- ERC-721 NFT balance (<code>erc721</code>): Uses ownership of ERC-721 NFTs as voting power.
- ERC-1155 NFT balance (<code>erc1155-balance-of</code>): Similar to ERC-721 but designed for ERC-1155 NFTs.
- ERC-20 Votes (<code>erc20-votes</code>): Voting power is determined by delegated ERC-20 token balances.
- Whitelist (<code>whitelist</code>): Grants a fixed voting power (usually 1 vote) to specific wallet addresses, regardless of onchain token holdings.

Contract call (<code>contract-call</code>): Uses the result of a custom contract call as voting power.

Delegation (<code>delegation</code>): Allows delegation of voting power based on existing strategies.

Balance with minimum (<code>balance-of-with-min</code>): Assigns 1 voting power to participants holding at least a specified amount of a certain token.

API (<code>api</code>): Retrieves voting power from an external offchain API.

Whitelist weighted (<code>whitelist-weighted</code>): Assigns custom voting power values to specified addresses.

ETH balance (<code>eth-balance</code>): Uses ETH holdings (or the equivalent gas token on other networks) as voting power.

Ticket (<code>ticket</code>): Gives 1 voting power per participant, used exclusively in combination with a voting validation strategy.

- Contract call (<code>contract-call</code>): Uses the result of a custom contract call as voting power.
- Delegation (<code>delegation</code>): Allows delegation of voting power based on existing strategies.
- Balance with minimum (<code>balance-of-with-min</code>): Assigns 1 voting power to participants holding at least a specified amount of a certain token.
- API (<code>api</code>): Retrieves voting power from an external offchain API.
- Whitelist weighted (<code>whitelist-weighted</code>): Assigns custom voting power values to specified addresses.
- ETH balance (<code>eth-balance</code>): Uses ETH holdings (or the equivalent gas token on other networks) as voting power.
- Ticket (<code>ticket</code>): Gives 1 voting power per participant, used exclusively in combination with a voting validation strategy.

Snapshot Labs provides a premium service to assist communities in creating custom, secure, and efficient voting strategies that align closely with their governance objectives.

What is a voting strategy?

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Most common voting strategies

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