Turnaround stories in crypto are rare, almost unheard of
Aragon is one of those unusual cases, emerging from the ashes under
@A_Leutenegger able leadership to redefine DAO governance
Why is modularity important? A brief history lesson here (plz fact check if anything is incorrect)
> Aragon OS raises 275,000 eth in the ICO era for building a digital nation. Soon realizes they need permission management systems to govern their country & so becomes a DAO tooling service
> Compound needed delegation (which aragon didn't have at the time) & commissions the timelock and governor contract from open zeppelin, currently the standard for most DAOs (arbitrum, nouns, etc)
> Aragon OSx launches to address one glaring issue in the open zeppelin contract: lack of modularity, so changes in parameters requires a fork of the governor which no one wants to do because they need the security and don't want to mess around with a time tested contract
With aragon, you can be secure with your core modules while having plug ins like: technical committee needs to approve code upgrades before it gets taken to tokenvote
The cool part is the library of plug ins will keep growing as more people use aragon OSx, keeping some lindy effects (unlike governor where a fork has to begin lindy anew)
Really excited to see how communities use the unlock provided by modular governance systems 👀
At Aragon, we believe the organizations of the future are unstoppable, modular, and effective—creating and distributing real value at scale.
Introducing the next generation of onchain organizations.