Bringing Multichain Governance to DAOs with zkSync and LayerZero
The new plugin enables governance of assets and permissions across chains from one mainnet DAO; Delegate voting launches on the Aragon App, Remember to redeem your ANT for ETH.
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Multichain governance has arrived on Aragon OSx! The new plugin leverages the LayerZero protocol for cross-chain messaging and the zkSync Era rollup for low-cost and secure voting. The code is still undergoing audits but you can already explore it here. Learn more about multichain governance on Aragon OSx here.
Delegate voting is now available on the Aragon App! Any token-based DAO can start delegating today to improve decision-making, enhance security by increasing participation, and save on gas fees. Learn more about delegate voting on the Aragon App here.
Remember to redeem your ANT for ETH. Token holders can participate in the redemption here. The smart contract deployment in Etherscan can be consulted here.
Bringing Multichain Governance to DAOs with zkSync and LayerZero
Multichain governance has arrived on Aragon OSx! The new plugin leverages the LayerZero protocol for cross-chain messaging and the zkSync Era rollup for low-cost and secure voting. The code is still undergoing audits but you can already explore it here.
This plugin enables DAOs to govern assets and permissions across EVM chains from one mainnet DAO smart contract. This is a major step forward for the governance of protocols deployed across chains.
Here’s how governance in multichain DAOs will work from proposal to execution:
Create a custom census with tokens across chains: Create a custom census using governance tokens across multiple chains using LayerZero’s Omnichain Fungible Token (OFT) standard.
Cast low-cost votes on zkSync: Once the census has been created, members will be able to vote settling on zkSync at a fraction of the cost.
Execute the action across chains simultaneously: After the vote, users can utilize the Aragon OSx permission management system to execute the action programmed into the proposal on multiple chains simultaneously from your mainnet DAO.
The architecture is diagrammed here:
The plugin code is open-source and currently being audited. If you’re interested in using this design, inquire here about a custom build. The plugin will launch on the no-code Aragon App in the new year.
This specific multichain governance design would not be possible without Aragon OSx’s modular permission management system, making it simple to grant and revoke permissions to external contracts from a DAO contract.
Multichain organizations now have an answer to govern entirely onchain. The multichain governance plugin will enable seamless management of the protocols deployed across chains without the security risks of deploying multiple DAOs or fragmenting their members’ voting rights. With lower gas fees for voters incentivizing participation, token holders won’t have any barriers to participate.
With powerful multichain governance, organizations will be able to run their full end-to-end governance stack onchain, leveraging the advantages of being built on trustless, permissionless, and censorship resistant technology.
Highlights from the week
Delegate Voting is live on the Aragon App!
Delegate voting is live on the Aragon App! You can now delegate your voting power to another address to vote on your behalf. When you want to claim your voting power, you can do so at any time within the App. This is available for any token-based DAO.
Being able to opt out of delegation is just as important as opting into it. In the Aragon App, you can change your delegation at any time. And, you don’t need to delegate to someone else—you can claim your voting power and exercise your voting rights on every proposal yourself! Delegated voting gives tokenholders the option of representative or direct democracy.
Why delegate?
Improve decision-making
Token holders can reclaim at any time – keeping delegates accountable
Enhance DAO security with increased token participation
Save on gas fees because of consolidated votes
Delegation is fast and easy. Learn how to in this video:
Remember to redeem your ANT for ETH
Token holders can participate in the redemption here. The smart contract deployment in Etherscan can be consulted here.
Events
Aragon @ Devconnect
We’re attending many events at Devconnect! Find team members at these events:
Staking Summit by Staking Rewards: Nov 10-11
The Future of DeFi Primitives: Nov 13
L2Days: Nov 14-15
Unstable Summit: Nov 15
Lido Connect: Nov 16
The DAOist Global Governance Gathering: Nov 17-18
Check out our events page below for more information. See you there!
Stop by the booth at the Staking Summit to grab an apron. Stake is best served with onchain governance!
Actions
Learn more about multichain governance on Aragon OSx and inquire about a custom build for your project.
Start delegating your voting power in your token-based DAO on the Aragon App. Learn more about delegation here.
Find us at Devconnect! Here’s the schedule of events we’ll be attending.
Redeem your ANT for ETH here.
Have a great weekend!
—Aragon Growth Team