Aragon, a pioneer in the deployment of decentralized autonomous organizations (DAOs), has just launched its new tech stack on the Polygon blockchain. The new tool kit aims to lower barriers for individuals to create DAOs by providing modular protocols and plugins for on-chain governance, such as voting and membership management, and requires no coding skills.
The Aragon team is hoping to address one of the biggest pain points for DAOs, which need to use various protocols and platforms to meet their governance needs. Moreover, launching on Polygon should offer lower transaction fees and higher throughput, which benefits the overall user experience, as lower costs may incentivize more small token holders to participate in governance processes.
Meanwhile, Aragon is planning to add more features to its App through a smart contract composer or SDK, make it easier for dApps to tap into the protocol, as well as add more governance plugins, chain integrations, and token import functions. Aragon is reportedly studying demand to determine which chain to launch next, and it is keeping a close eye on zkEVM, a potential Ethereum scaling solution.
(By Andrew Asmakov)
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