Aragon, one of the oldest open-source frameworks for launching decentralized autonomous organizations (DAOs)launched its next set of recently released developer network Base on Coinbase.
In an interview with Decrypt, Aragon’s head of growth Anthony Leutenegger said the company released two of its DAO-developer tools—the Aragon App and the modular Aragon OSx protocol—on Base in recognition of what he said is an ecosystem “too high” potential to bring more users. on-chain.
“The reason we’re deploying Base is to give DAOs the ability to launch what could be one of the largest ecosystems to ever come into crypto,” Leutenegger said.
Base, Coinbase’s Ethereum Layer-2 network, went online on August 9, and it quickly gained millions as users linked their tokens to the new environment. Although it will be incubated within Coinbase initially, the company has explained that it envisions Base becoming more decentralized over time.
Leutenegger said that the tools that Aragon launched on Base will allow users to set up DAOs, manage the flow of funds into the network, and help with the decentralization process. These entities, common throughout the DeFi universe, allow members to vote on funding decisions or the overall direction of a project.
But in operate a DAO now, a user “basically needs to be a developer” to properly run it, said Leutenegger. The tools Aragon launched in Base are designed to lower barriers by reducing the amount of code required for launching and managing a DAO.
By reducing these barriers, a DAO operator can “be the one to run an organization without the need for a developer,” something that can be “huge” to facilitate the going of chain users, said Leutenegger.
One of the challenges of creating a decentralized network is aligning the incentives of all parties. Aragon has experienced some hiccups in its own decentralization plans, that plans were postponed in May after the alleged “51% attack” on his ANT governance token. At the time, Aragon was moving toward passing more power to manage its $200 million treasury to token holders.
Recently, a report on crypto trading firm Patagon Management LLC said that Aragon was considering selling itself to an unknown bidder, and it was accused of financial mistakes and the prohibition of investors who vented frustration with its decentralization plans.
In a post on X, Patagon CEO Diogenes Casares said the report “does not reflect Patagon’s current faith in Aragon,” and that it is “nowhere near final.” Casares also said the parts of the report questioning Aragon’s incorporation status were false and have been corrected. The Aragon Association behind the project is based in Switzerland.
Leutenegger said he could not comment on the allegations in the report, but said Aragon remains focused on continuing to develop its products.
He noted that Aragon has helped launch more than 1,500 DAOs in the past two months, and continues to work on applications to enable DAOs to interact with other apps without the same level of technical expertise required today. in a similar vein to the products it launched in Base.
