ARAGON (ANT) | live price, buy | BITmarkets

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What is Aragon?

Aragon (ANT) is a decentralized governance platform that allows users to create and manage decentralized autonomous organizations (DAOs). Launched in 2017 by Luis Cuende and Jorge Izquierdo, Aragon provides an open-source framework for building transparent, autonomous communities and organizations. It enables users to set up governance structures, manage voting mechanisms, and oversee financial operations without intermediaries.

Aragon's native token, ANT, is used for governance, staking, and participating in the Aragon ecosystem.

How is Aragon useful?

Aragon simplifies DAO creation and management, offering a modular system for businesses, communities, and projects to establish trustless governance structures. Users can create customized voting models, treasury management solutions, and permission settings, ensuring seamless decision-making. The ANT token allows holders to participate in protocol upgrades and governance, giving the community control over Aragon’s development.

Aragon's platform also includes Aragon Court, a decentralized dispute resolution system that enables fair arbitration for on-chain conflicts.

How does Aragon work?

Aragon operates on Ethereum and supports Polygon and other layer-2 solutions for scalable governance. Aragon provides smart contract-based governance tools that automate decision-making and resource management within DAOs. The Aragon Client offers a user-friendly interface for setting up DAOs, while Aragon OS provides the technical infrastructure to customize governance rules.

The ANT token plays a crucial role in governance, allowing holders to vote on proposals, fund development initiatives, and stake in Aragon Court for decentralized arbitration services.

Aragon milestones

  • Launch of Aragon Network: Introduced in 2017, enabling on-chain governance and DAO creation.

  • Expansion of Aragon Court: Developed a decentralized dispute resolution system for blockchain-based organizations.

  • Deployment on Layer-2 Networks: Integrated with Polygon and other scaling solutions for cost-efficient DAO management.

  • Governance Overhaul: Implemented new governance models, increasing community control over protocol upgrades.

  • Growing Adoption in DeFi and Web3: Expanded usage in decentralized finance (DeFi) projects and Web3 communities.

Aragon remains a key player in DAO governance, providing the tools and infrastructure necessary to decentralize decision-making and empower online communities.

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