Polygon and Aragon Introduce Multi-Threshold Smart Contract Upgrades

馃攼 Governance game-changer?

By Aragon
Jul 8, 2024, 6:05 PM
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Polygon and Aragon have unveiled a new Multi-Threshold Smart Contract Upgrades system, designed to balance security and decentralization in web3 governance.​ This custom plugin, built on Aragon OSx, features different consensus thresholds and timelocks for upgrades.​ The majority threshold requires 7/13 approval with a 10-day delay for community voting, while the super majority threshold needs 10/13 approval for automatic execution.​ The system offers unified user experience, enhanced security, increased transparency, and adaptability.​ This open-source plugin is now available for implementation by any project using the Aragon OSx repository, without requiring forking.​

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