GOVERNANCE & DAOS
Snapshot (Governance Snapshot)
Definition
A snapshot is a specific block height at which token holdings are recorded for governance voting, preventing users from buying tokens just to vote and then immediately selling.
Example
Example
A governance vote announces a snapshot at block 15,000,000, meaning only wallets holding tokens at that block can participate, preventing last-minute vote buying.
Risks to Consider
Risks
- Advance notice gaming
- Snapshot timing manipulation
- Exclusion of recent holders
