Don't forget to do the #Layer3 quest about #Lens ecosystem president and #Aave founder,
@stani.lens
Check on,
layer3.xyz/quests/stani-kulechov-a-web3-innovators-journey
No more #bear, it's my turn. #bullrun
I'm the in-charge now.
#lenster #phaver #orb #rememe #meme #mirror #collect #stake
Lens Culinaris - Lentil art
#Lens #lenster #share #orb #phaver #mirror #collect
How Governance Voting with Snapshot works
Governance voting with Snapshot is a process that enables users to vote on proposals related to the management of decentralized autonomous organizations (DAOs) and other blockchain-based protocols.
The process typically involves the use of the Snapshot platform, which is a decentralized voting system that allows users to vote on proposals using their cryptocurrency holdings. Users can vote on proposals by connecting their cryptocurrency wallets to the Snapshot platform, which allows them to cast their vote securely and anonymously.
In the Snapshot voting process, the weight of each vote is determined by the amount of cryptocurrency held in the voter's wallet. This means that users with larger cryptocurrency holdings have more voting power than those with smaller holdings.
Once the voting period has ended, the results of the vote are tallied automatically by the Snapshot platform. If the proposal receives enough votes to pass, it can be implemented by the DAO or protocol in question.
Governance voting with Snapshot is a key feature of decentralized protocols and DAOs, as it allows for decentralized decision-making and ensures that all stakeholders have a voice in the management of the protocol. By enabling users to participate in the decision-making process, governance voting with Snapshot helps to ensure that blockchain-based protocols are run in a transparent and democratic manner.
For more info and quest on #Layer3
layer3.xyz/quests/voting-on-chain-with-snapshot
This definitely good tool to analyze #Lens engagement in clear way
circles.inlens.xyz/rukzshan
What is Decentralized Social Grpah,
A decentralized social graph is a concept that involves the creation of a social network where user data is owned and controlled by the users themselves, rather than a centralized corporation. In a decentralized social graph, users would have full control over their personal data, including their profile information, posts, and interactions with other users.
This would be achieved through the use of blockchain technology, which would provide a secure and transparent way to store and share user data. The decentralized nature of the social graph would also make it more resilient to censorship and manipulation by outside parties.
What are the benefits,
The benefits of a decentralized social graph include greater privacy and control over personal data, increased transparency and accountability, and a more democratic approach to social networking. However, the development and adoption of such a system would require significant technical and social challenges to be overcome.
#like #mirror #collect #Lens #Lenseducation #web3
