Snapshot
Garden uses Snapshot, a gasless and user-friendly off-chain voting mechanism, to empower the community to participate in protocol governance. Here are some high-level details of the voting mechanism.
- Vote type: Basic (single-choice voting).
- Quorum required: 6,000 votes.
- Vote period: 7 days.
- Garden ENS name:
gardenfinance.eth(Snapshot spaces are tied to ENS names)
Roles on snapshot
Garden’s Snapshot system features two key roles:
- Super admin:
- Manages and oversees the Snapshot space.
- Maintains the integrity of the governance process.
- Author:
- Can create and submit proposals for voting.
- Any staker with more than 500 votes is eligible to become an author.
Voting power
Voting power in Garden is determined by staking multipliers and ownership of the Gardener Pass NFT. Stakers gain increased voting power based on their staking multiplier, which rewards long-term commitment to the protocol. Additionally, Gardener Pass NFT holders receive a fixed voting power of 70 votes.