Snapshot
Snapshot is an off-chain, gas-efficient, multi-governance client characterized by results that are both easily verifiable and incontestable.
The nomenclature "Snapshot" stems from the practice of capturing a specific moment in a blockchain by specifying a particular block number before the commencement of voting. This approach establishes a fixed temporal reference, obviating concerns related to token movement for multiple voting instances or potential exploitation via flash loans to accumulate substantial voting power.
Eligibility/ How to Vote to partake in the voting process for Phanes network proposals, one must meet at least one of the following criteria:
Possess vePNT tokens.
Receive delegation of voting authority to one's address from another participant.
When a voting event commences, navigate to the Phanes network Space, select the relevant proposal, proceed to the voting segment, and cast your vote. Your wallet provider will prompt you to authenticate the action through message signing, with no associated gas charges.
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