Aragon One proposes for ChainSafe to discontinue development of Aragon Chain and its ANT-linked staking token ARA, and instead, focus their efforts on deploying Aragon’s DAO infrastructure to the project-agnostic Ethermint Cosmos Zone. Aragon One will continue its work developing community-driven projects like Optimistic Snapshot and other Ethereum centric scaling solutions.
Aragon Chain was originally announced in October 2019 and funded by the Aragon Association after ANT holders signalled their approval on AGP-106. Since the proposal was approved Aragon Chain’s development has mostly consisted of developing Ethermint itself.
The main motivation for Aragon Chain was to allow Aragon organizations to operate more affordably by reducing the cost of transaction fees otherwise incurred on Ethereum mainnet. During that time we have seen alternatives like xDai, that provide similar cost savings, gain significant traction within the community.
We’ve also seen off-chain voting solutions like Snapshot quickly become the scalable and low cost voting standard on Ethereum. Emerging L2 solutions like Optimistic Snapshot have quickly become the primary focus of Aragon One’s development efforts and have attracted huge interest from projects in the community.
We believe the Aragon community and its resources should go towards collaboration on these solutions within the broader Ethereum community, rather than building a standalone Aragon Chain.
This proposal does not intend to permanently close the door to an Aragon-specific chain. We aim to maintain our close relationship with ChainSafe and stay up-to-date on opportunities for developing an Aragon-specific chain, if and when it makes sense.
We still believe that Aragon’s tools should be available everywhere, including Ethermint, which we propose should be made available on the soon-to-be-announced Ethermint Chain.
The poll for this proposal will be held on Snapshot for 48 hours with a 50% approval threshold and no quorum.
If this proposal is approved, the following will be enacted:
- ChainSafe and Aragon One discontinue the development of Aragon Chain and ARA.
- ChainSafe will deploy and maintain Aragon’s tooling to the upcoming Ethermint chain.
- Aragon One will monitor opportunities for deploying an ANT-linked Aragon chain in the future.
- Aragon One will continue to support community driven scaling solutions like Optimistic Snapshot and other sidechains where applicable.