Aragon, one of the oldest open-source frameworks for launching decentralized autonomous organizations (DAOs), is launching its next set on Coinbase’s recently released developer network Base.
In an interview with Decrypt, Aragon’s head of growth Anthony Leutenegger said that the company is releasing two of its DAO-developer tools—the Aragon App and the modular Aragon OSx protocol—on Base in recognition of what he said is the ecosystem’s “extremely high” potential to bring more users on-chain.
“The reason we deployed on Base was to give DAOs the ability to launch into what could be one of the largest ecosystems potentially coming into crypto,” said Leutenegger.
Base, Coinbase’s Ethereum Layer-2 network, went online on August 9, and it quickly raked in millions as users bridged their tokens over to the new environment. Though it will be incubated within Coinbase initially, the company made clear that it envisions Base becoming progressively more decentralized over time.
Leutenegger said that the tools Aragon is launching on Base will allow users to set up DAOs, manage the influx of funds onto the network, and aid in the decentralization process.
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Author: Nicholas Morgan
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