Aragon expands DAO ecosystem with Arbitrum deployment

Aragon, a pioneer in DAO technology, has deployed its modular Aragon OSx DAO framework and no-code Aragon apps on Arbitrum, the leading layer 2 (L2) solution for Ethereum. This integration opens up new possibilities for DAOs by providing access to a thriving ecosystem of protocols, applications, and assets.

Known for its rollup technology, Arbitrum has established itself as the industry’s most popular L2 solution with a total value of over $7 billion and a 55% L2 market share. By choosing to launch Arbitrum, DAOs can enjoy a number of benefits that can potentially transform their operations.

Reduce gas costs and increase voter turnout

One of the most immediate benefits of operating Arbitrum is the significant savings in gas costs. Ethereum’s high gas fees have long been a concern for DAOs, as they could significantly erode their resources. By switching to Arbitrum, DAOs can preserve valuable resources while providing incentives for increased voter turnout. This is because lower transaction costs make participation more accessible to a wider audience.

Simplified custom DAO deployment

Building a custom DAO on Arbitrum is very simple thanks to the platform’s full Ethereum Virtual Machine (EVM) equivalence. This feature simplifies deployment of custom integrations and allows developers to leverage Ethereum’s extensive developer ecosystem to tailor the DAO to their specific needs.

Improved security and speed

Arbitrum’s close partnership with Ethereum allows DAOs launched in this L2 solution to inherit the strong security features that Ethereum is famous for. This not only ensures a more secure experience for users, but also provides a smooth transition for DAOs looking to establish themselves in the wider Ethereum ecosystem.

Arbitrum also offers faster transaction speeds, significantly reducing the time required for DAO management and governance activities. This acceleration of transaction processing can contribute to more efficient decision-making and overall DAO operations.

Ivan Fartunov, Head of Ecosystem at Aragon, said: “Arbitrum is the most adopted rollup in the EVM ecosystem in terms of Total Value Locked (TVL) and protocols launched on the network. Arbitrum is not only home to influential multichain projects such as Stargate, but has also facilitated many interesting native projects such as GMX, Tenderize, and Plutus. We are excited to join such a dynamic ecosystem.”

Aragon’s commitment to accessibility is evident in its no-code solution, which has already facilitated the launch of more than 7,000 DAOs on the Ethereum Layer 1 (L1) and L2 networks. Aragon is now available on Arbitrum, allowing the community to create DAOs in less than 10 minutes and manage their assets transparently through a user-friendly app.

Aragon OSx’s secure, modular design opens the door for protocols deployed on Arbitrum to customize governance with plugins, including multichain governance and optimistic dual governance. This flexibility enhances the potential use cases of DAOs and highlights the growing synergies between Aragon and Arbitrum as they seek to bring more participants into the Ethereum ecosystem.

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