Aragon OSx app launches on Arbitrum
Tuesday, December 12, 2023
Richard Harris |
Aragon announced the launch of its OSx DAO Aragon app on Arbitrum. Arbitrum communities can now launch a DAO in under 10 minutes and manage their assets in a transparent and user-friendly app.
Aragon has deployed its modular Aragon OSx DAO framework and no-code Aragon App on Arbitrum, opening the door for DAOs to interact with a thriving ecosystem of protocols, applications, and assets. Arbitrum’s rollup technology serves as a gateway to the largest Layer 1 ecosystem - Ethereum - and Aragon’s user-friendly tech stack unlocks the mass adoption of DAO technology.
Aragon OSx DAO app launches on Arbitrum
With over $7 billion total value locked and 55% of the L2 market share, Arbitrum is the industry’s most popular L2 solution. By launching on Arbitrum, DAOs can benefit from lower gas costs, allowing them to conserve DAO resources and drive increased voter turnout. Building custom DAOs on Arbitrum is also easy, because developers can take advantage of full EVM equivalence that streamlines the deployment of custom integrations. Additionally, builders who deploy on Arbitrum inherit the time-proven security of Ethereum, providing a safer and better experience for users, and can enjoy faster transaction speeds that reduce the time needed for DAO administration and governance.
"Arbitrum is by far the most adopted rollup in the EVM ecosystem, both in terms of TVL and protocols launched on the network. In addition to being home to impactful multichain projects like Stargate, Arbitrum has spurred many exciting native projects like GMX, Tenderize, and Plutus. We are excited to join such a vibrant ecosystem," said Ivan Fartunov, Head of Ecosystem at Aragon.
With the accessibility of its no-code solutions, over 7000 DAOs have been launched with Aragon across Ethereum L1 and L2s. Arbitrum communities can now launch a DAO in under 10 minutes and manage their assets in a transparent and user-friendly app.
In addition, the secure and modular design of Aragon OSx enables protocols deployed on Arbitrum to customize their governance with plugins, including multichain governance and optimistic dual governance.
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