Protocol-owned liquidity on the Aragon App

Use the Aragon App to create a liquidity pool owned by your DAO; Swap tokens using Jumper Exchange and grow your treasury with Ethena; Hiring for a Senior Front-End Engineer.

What’s New

• You can now use the Aragon App for protocol-owned liquidity! Create a liquidity pool for your governance token using dApp Connect, which makes it possible for DAOs to connect to external dApps like you would with a wallet. All actions are approved via your governance process, making it the most transparent and trustless way to create a liquidity pool for your governance token. Learn how.

• You can manage a DAO or multisig treasury on the Aragon App by connecting to external applications. This week we highlighted how to swap tokens using Jumper Exchange and how to earn yield with Ethena.

• We’re hiring for a Senior Front-End Engineer to join our App team! Build the future of onchain governance with us. Apply here.

Protocol-owned liquidity on the Aragon App

Liquidity pools make it possible for anyone to buy your token on the open market. Without a liquidity pool, your token is only accessible if a governance proposal to mint tokens to your wallet passes. 

When your token is available to be purchased by anyone, that means that anyone can influence your governance. Keep this in mind when considering whether to create a liquidity pool or not. 

There are two ways to create a liquidity pool for your DAO governance token using dApp Connect on the Aragon App:

1. A trusted external wallet creates the liquidity pool, and the DAO deposits the majority of the liquidity (easier, but introduces trust assumptions that token holders may not prefer).

2. Create a proposal from your DAO to create a liquidity pool, and the action is executed through the governance process (more complicated, but no trust assumptions, which token holders may like better). 

We dive into all your options in the new guide. Check it out!

Highlights from the week

Swap tokens using Jumper Exchange

Aragon DAOs can easily swap tokens using Jumper Exchange. Learn how.

Grow your treasury with yield from Ethena

Aragon DAOs can grow their treasury with yield from Ethena. Learn how.

Hiring for a Senior Front End Engineer

Join our team! We’re hiring for a Senior Front End Engineer.

Some requirements include:

• Proven ability to deliver open source applications that deal with blockchain, cryptography, smart contracts, decentralized systems, or any related technology in the web3 ecosystem

• 4+ years experience in one or more general purpose programming languages such as JS/TS

• Knowledge about the internals of JavaScript engines, browsers, and how to work with React.js

• Experience with well-known JavaScript frameworks (particularly Next.js)

Actions

• Create a liquidity pool for your governance token.

• Use Jumper and Ethena directly from your DAO or multisig.

• Share the Senior Frontend Engineer role with someone who might be a good fit.

Have a great weekend!

—Aragon X