:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6U3AQZAB7ZFB3MIS675DF5TT3Y.jpg)
Margaux Nijkerk reports on blockchain protocols with a focus on the Ethereum ecosystem. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a very small amount of ETH and other altcoins.
Members of the Aragon Network (AN DAO), which is open-source software that lets users create and manage decentralized autonomous organizations, are voting on key parts of its planned transition to a new organizational structure.
The first vote will decide what to do with the treasury funds after the DAO is dissolved and then revived under a new framework. The second vote will address the issue of the new DAO’s charter once the new structure goes live. Votes can be cast until Oct. 5.
The new proposed DAO structure will bring in delegated voting, which allows members of the DAO to transfer their voting rights to other members who can then vote on their behalf. Although Aragon Network exists to help others create DAOs, it wasn’t originally set up as one itself, and these votes are part of its years-long shift to a DAO structure.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Margaux Nijkerk reports on blockchain protocols with a focus on the Ethereum ecosystem. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a very small amount of ETH and other altcoins.
Margaux Nijkerk reports on blockchain protocols with a focus on the Ethereum ecosystem. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a very small amount of ETH and other altcoins.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PK332AQM2RFU3FSZGUBM56SZUI.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NCC42C4A2VEGVHTXRSWLCA5EIU.jpg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KVE34ILYZVCXDAYYL34VUOBX7U.jpeg)
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4LA4HCFBXBANHBLNPLOES3NZ2I.jpg)