Author(s): FINE | FINE#8385
Editor(s): zerohash | Tet#7609
Last updated: 26th May 2022
Aragon is a decentralized app (dApp) on the Ethereum blockchain that allows anyone to create and manage a decentralized organization with a suite of applications and services. Aragon was born out of the emergent societal crisis, and failure of democracy. It was founded in 2016 by internet entrepreneurs Luis Cuende and Jorge Izquierdo. The project is open source and led by the Aragon Foundation. Projects using Aragon include Decentraland, BrightID and Badger.
Some of the other DAOs powered by Aragon:
Creating and managing a DAO is challenging even for experienced blockchain developers. There are so many things to account for right - coding, decision making, establishing a dispute resolution strategy, conduct day-to-day activities, voting process, and etc. That's where Aragon comes in with its products and services which provide the tools you need to get started quickly and easily. Aragon provides templates to set up DAOs, offer governance methods, dispute resolution methods and so much more!
To create your own organization in a few minutes with different types of templates.
Aragon Voice (in alpha)
For creating, managing and voting on proposals in a way that is secure, gasless, permissionless and decentralized.
For decentralized dispute resolution that cannot be resolved by smart contracts alone.
Aragon Govern (in alpha)
To continually execute actions with frictionless self-governing contracts unless they are challenged.
The Aragon client is a widely used Aragon product which is perfect for beginners who want to create a new DAO because of their templates feature. Since it's been launched in 2019, the number of DAOs it contains has skyrocketed and has become the dominant solution on the market. You can check out some of those DAOs here.
What are templates?
Templates are pre-configured smart contracts which you can use to create different types of organizations or to create your own on top of it.
It's an organization where transferable tokens are used to represent stake in the organization. The decisions are made by a voting mechanism, where each token is equivalent to one vote.
It's an organization where non-transferable tokens are used to represent stake in the organization. The decisions are made by a voting mechanism where one-member have one-vote.
It's an organization where non-transferable tokens are used to represent reputation in the organization. Decisions are made using reputation-weighted voting.
If you can't seem to find what you need in the default templates, you can set up a custom development environment and use the aragonCLI in order to create a custom Decentralized Autonomous Organization (DAO).
Aragon voice is a new and revolutionary way of voting that doesn’t require gas fees and permissions. With Aragon Voice, it is possible to submit proposals with any standard ERC20 token and to vote on proposals using an entirely decentralized and verifiable ballot protocol. Top tokens using Aragon voice include Uniswap, Polygon, Compound Finance, and Aragon Foundation.
It provides smart security and transparency measures to protect the integrity of the voting process on all levels. Open source, end-to-end verifiability, and trustless voting utilizing Ethereum main network along with Aragon Layer 2 protocol. It is securely recorded digitally, verified accurately, and safely accessible for public verification.
Aragon Court is another great open source contribution by Aragon. It's a dispute resolution protocol that allows for subjective problems to be solved when a smart contract can't resolve the matter at hand. This is achieved by having a set of guardians drafted for each situation randomly who will then cast their votes and guarantee the correct ruling for an earning. It is accessible by API to any decentralized application (dApp) but fully implemented in the Aragon OpenStack. They have an active 516,000 ANT ($1,049,262) staked and an 94 active Guardians.
Aragon Govern is a new framework for governing DAOs based on the principles of Optimistic Governance with a decentralized dispute resolution mechanism and on-chain execution which utilizes both Aragon Voice and Aragon Court.
Aragon Govern lets your communities operate using DAO consensus. This is an unconventional form of governance which opts to execute all project procedures as normal unless a challenge has been made by resident members via the Aragon Court, a special block on the ledger reserved for administrative decisions with subjective implications.
The statistics itself shows the trust and reliability Aragon provides for DAOs, with $190 million in treasury funds, 1900 dApps built with Aragon, over $500 million in total value locked, and 60,000+ members in Aragon powered DAOs Aragon is the go-to place to create and manage DAOs.