How to set voting strategies

Here are instructions for setting up the most common Snapshot strategies

Voting power = balance of ERC20 tokens

1. To set it up, you need your token contract address. Depending on the chain you use, you can find it either on Etherscan.

2. Copy the token contract address and go to Snapshot.

3. Open the settings of your space. Scroll down to Strategies, click Add strategy, and pick erc20-balance-of strategy. Then paste the copied contract address and choose any name as a symbol (you can edit it later). Don’t forget to pick the right Network for your token. Choose Decimals. Usually, it’s 6 or 18.

4. That’s it! Now you can check how it works by creating a test proposal.

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