Zug, Switzerland - Aragon has unveiled its revolutionary Aragon OSx DAO framework and user-friendly Aragon App on Arbitrum, marking a significant step towards reducing the cost and time associated with launching a DAO. This collaboration leverages Arbitrum's rollup technology as a gateway to Ethereum's largest Layer 1 ecosystem, providing DAOs with seamless access to a diverse range of protocols, applications, and assets. Aragon's announcement on November 30 highlights the potential for mass adoption of DAO technology through its accessible technology stack.
Arbitrum, boasting over $7 billion in total value locked and a 55% market share in Layer 2 solutions, stands as the industry's most widely adopted L2 solution. The move to Arbitrum brings several advantages for DAOs, including lower gas costs that conserve resources and boost voter turnout. Developers can easily build custom DAOs on Arbitrum, benefiting from full EVM equivalence for streamlined integrations. Furthermore, deploying on Arbitrum ensures the time-tested security of Ethereum, delivering a safer user experience with faster transaction speeds for efficient DAO administration and governance.
Ivan Fartunov, Head of Ecosystem at Aragon, expressed enthusiasm about the partnership, stating, "Arbitrum is by far the most adopted rollup in the EVM ecosystem, both in terms of TVL and protocols launched on the network. We are excited to join such a vibrant ecosystem."
Aragon's no-code solutions have already facilitated the launch of over 7000 DAOs across Ethereum L1 and L2s. With the integration into Arbitrum, communities can now initiate a DAO in under 10 minutes, managing assets transparently through an intuitive app.
The modular design of Aragon OSx allows protocols on Arbitrum to customize their governance with plugins, including multichain governance and optimistic dual governance, enhancing flexibility and security.
Both Arbitrum and Aragon share a common vision of bringing the world onto Ethereum through accessible gateways, and this collaboration serves as a testament to their commitment to advancing decentralized technologies.
