Horizon Protocol Community Governance: Gas-free Voting with Snapshot

Horizon Protocol
3 min readAug 18, 2021

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Horizon Protocol plans to achieve a Horizon DAO (Decentralized Autonomous Organization) Community Governance in the future. We want to empower the community to steer Horizon Protocol’s progress and direction. To ensure our governance process is successful we will begin step by step using Snapshot to conduct our community governance votes.

Voting on a Horizon Protocol Community Governance Proposal in 3 Easy Steps:

Using Snapshot to vote on Horizon Protocol Proposals is simple, user-friendly, and does not cost gas to cast your vote.

tl;dr

Step 1 — Go to Snapshot and find Horizon Protocol’s space where our proposals are submitted (or click here)

Fig 1. Search ‘Horizon Protocol’ on Snapshot
Fig 2. Click here to go directly to the Horizon Protocol space on Snapshot

Step 2 — Connect the wallet that holds your HZN to Snapshot. The wallet supported by both Horizon Protocol and Snapshot is Metamask.

Binance Chain Wallet users can easily export their private key and import it to Metamask in order to vote. This will have no effect on your preference to continue using Binance Chain Wallet. It will, however, allow your voice to be heard and vote in Horizon Protocol Improvement Proposals!

Fig 3. ‘Export Private Key’ on Binance Chain Wallet and ‘Import Account’ on Metamask
Fig 4. Connect your Metamask wallet that holds your HZN

Confirm the connection and connect your wallet to Snapshot.

Fig 5. Confirm the connection and connect your wallet to Snapshot.

Browse Horizon Protocol Community Governance Proposals and select the proposal you wish to vote on.

Fig 6. View and select a proposal

Step 3 — Casting Your Vote

You will see the a description of the proposal, options to vote, and the settings of the vote.

  • Voting system — Single choice voting — we’re opting to choose one option with your voting power.
  • Snapshot — the block at which the system snapshots HZN distribution between holders.
  • Strategy —Default voting power strategy is calculated based on the amount of HZN you hold (excluding escrowed HZN).

Scroll down and find ‘Cast Your Vote’ when ready.

Fig 7. Find ‘Cast Your Vote’

Cast your vote.

Fig 8. Cast your vote

Confirm your vote with no gas cost.

Fig 9. Confirm your vote with no gas cost.

Confirm your signature request.

Fig 10. Confirm your signature request

You have successfully casted your vote!

Fig 11. You have cast your vote!

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Horizon Protocol
Horizon Protocol

Written by Horizon Protocol

A Decentralized Derivatives Trading & Liquidity Protocol. https://horizonprotocol.com/

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