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Snapshot spaces improves DAO governance participation
hal Notify allows DAO participants to receive notifications whenever a proposal is created, deleted, starts or ends in the DAOâs Snapshot space
hal Notify brings down the time required to vote for a proposal to under 1 min!
Snapshot is a decentralized voting system. It supports various voting types to cater to the needs of DAOs. Creating proposals and voting on Snapshot is user-friendly and does not cost gas as the process is performed off-chain. Its mission is to increase participation in decentralized governance. Nathan explains further, â Participation in governance is fundamental to building an internet built on decentralization. If people are not voting with their tokens, then what are we building?â
42
Snapshot spaces using HAL plugin
9,702
Number of notifications set up for Snapshot spaces
If a tokenâs utility is to provide a share in governance, it follows that the theoretical value of that share decreases in value when users do not participate in governance events. Governance Engagement leads to more valuable product updates and may help with longer-term holding.
The challenge is to make voting easy for the retail token holders, and give them what Nathan defines as âfreedom of informationâ. Nathan observes, âit takes an individual DAO user over 20 minutes to find a proposal, research about it, and vote.â
The average web user's attention span is only 8 seconds. For crypto natives, itâs probably even shorter. There is a need to help push relevant information about governance votes to users wherever they are online.
With Hal, a user can set up notifications to monitor the Snapshot spaces of their interest. Hal Notify allows users to receive alerts when a governance proposal is created, deleted, starts, or ends in a DAOâs Snapshot space. The app allows users to receive alerts on Telegram, Discord, Slack, email, Twitter, or by calling a web hook. With notifications, a user can get a notification about any update to their favorite space and vote on it all within one minute!
“Half our job is to improve participation. Notifications are a great way to do that”
Nathan VDH
Ecosystem lead, Snapshot Labs
Many DAOs also have a channel on their Discord server dedicated to alerts about their governance proposals. They use hal Notify to keep this channel updated in real-time. Nathan mentions, âSome of the biggest spaces already use Notify. All DAOs would benefit from a Discord channel with the direct feed of proposals coming in.â
Building with Notify
To support notifications for Snapshot, hal Notify integrated Snapshot as a new data stream into its workflow and pipeline system. Snapshotâs architecture is unique because it is a hybrid of on-chain and off-chain data systems. It was a tricky assignment for both the teams, due to the input data being partially off-chain.
With notifications being so important to DAO engagement, why didnât Snapshot consider building them internally? Nathan replies, âComposability is key to Web3. You guys are doing a fantastic job! Why would we not use your product? We also intend to collaborate with Hal for providing notifications for Snapshot X, our new deployment on StarkNetâ.
Itâs Easy to Get Started
DAOs need to keep their users voting and protect their treasury. Implementing a custom notification solution is often not an option, despite the great benefit it yields to governance participation. To help the DAO community, Snapshot Labs and HAL teamed up to create a solution.
Now, DAO participants without any coding experience can quickly and easily set up alerts for the things that matter most. The biggest DAOs on Snapshot spaces are using Hal to streamline governance notifications to their users due to its ease of implementation. No engineer required!
Do you have an idea for a useful notification? Try out HAL Notifications today for free!
If we donât support the protocol you are interested in, just get in touch with our team.
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