June 2024: dApp Connect Roundup
Introducing a new monthly format, featuring: a roundup of dApps you can interact with from your DAO, our upcoming EthCC plans, and an update from the ANT Redemption Initiative.
TLDR
The Eagle is moving to a new monthly format. On the first Friday of every month, you’ll get a roundup of recent highlights, a look into what’s coming next, and timely updates. In the TLDR section, you’ll get the gist in 3 bullets.
Highlights:
The Aragon App’s newest alpha feature, dApp Connect, allows you to connect your DAO directly to various dApps via Wallet Connect to easily create proposals with complex actions such as swapping, staking, and lending. We’ve been experimenting with different dApps across the ecosystem, including Lido, Morpho, Ethena, CoW Swap and more.
Following a16z’s token launch playbook, we created two guides to help you navigate technical standards related to governance when launching your token: Navigating token standards for onchain governance and Technical considerations for your governance stack.
What’s Next: We’ll be at EthCC in July! Catch us at our booth on July 8-9, and apply to join our G(overnance) M(odularity) breakfast on July 10, a small group discussion at the forefront of governance.
Updates: In this month’s ANT Redemption Initiative update, 25,16M ANT have been redeemed, representing 74% of the outstanding supply, including 1,698 redemptions from both ANT v1 and v2 holders.
Highlights
In the Highlights section, we’ll cover announcements and content you might have missed over the past month.
dApp Connect Roundup
dApp Connect enables DAOs to connect to external dApps using WalletConnect to create proposals with complex onchain actions such as swapping, staking, and lending. We’ve been experimenting with different dApps to give you an overview of actions you can initiate directly from the Aragon App.
Here’s our running list:
Simply click on the dApp you’d like to use for step by step instructions. You can also follow the quick walkthrough below, using Morpho as an example:
1. Create a proposal
From your DAO Dashboard, create a proposal. Set a start and end time for your vote and click "next."
2. Connect to the dApp
Open the dApp in a new tab. Click "Connect Wallet" and choose Wallet Connect. Copy the address. Go back to the Aragon App and paste the address in to create the connection.
3. Add actions to your proposal
Go back to the dApp and add the actions you want to take. Instead of approving in a wallet, go back to the Aragon App and add the actions. They will be automatically populated in your proposal. Publish the proposal so DAO members can vote!
If the proposal passes, the actions can be executed by any wallet. Begin the process again to add more actions.
Not every dApp can be connected to DAOs due to their own signature requirements, but we’re working with projects across the industry to create a better experience for DAOs. Want to request or discover any new dApps that work with your DAO? Hop into our Discord and let us know!
Token Standards Guides
We’ve talked to many projects of all sizes and stages. Too often, the decisions made when a token is launched become a blocker for governance and decentralization efforts down the road. Projects that launch without considering the governance compatibility of their token are left with less-than-ideal workarounds in their governance stack.Â
We don’t want this to happen to you, so we created two guides to help you navigate technical standards when launching your token and considerations for your governance stack. If you plan to decentralize and governance is a priority, read these guides before deploying your token or DAO: Navigating token standards for onchain governance and Technical considerations for your governance stack.
What’s Next
In the What’s Next section, we’ll keep you posted on upcoming initiatives and events.
Team Offsite
The Aragon X team is gathering in Germany next week for our quarterly in-person work sessions, internal hackathon, and team building.
EthCC: Governance Modularity Breakfast
We’ll have a booth on July 8-9 and many team members in attendance at EthCC.
We’re also hosting a G(overnance) M(odularity) Breakfast on Wednesday July 10. Request to join the breakfast below!
Updates
In the Updates section, we’ll keep you posted with routine and special updates from the Aragon Project.
ANT Redemption Initiative
Here are this month’s redemption statistics:
25,16M ANT redeemed, representing 74% of the outstanding supply
1,698 redemptions from both ANT v1 and v2 holdersCTAs
Don’t forget to redeem your ANT for ETH:
Stay safe by only using the official ANT Redemption Portal.
For help with your redemption, check out the FAQs.
Need support? Reach out to ant@aragon.org for assistance.
The Eagle will now be coming to you monthly, every first Friday of the month. In the meantime, follow us on X. Have a great weekend, and see you next month!
—Aragon X