Polygon and Aragon Introduce Multi-Threshold Smart Contract Upgrades

๐Ÿ” Governance game-changer?

By Aragon
Jul 8, 2024, 6:05 PM
twitter
News article
Photo by Aragon

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.​

Sources
Read more about Aragon

๐Ÿ›๏ธ Major DeFi Protocols Launch Aragon OTF Platform

**Aragon's On-Chain Treasury Framework (OTF) is now live**, bringing together eight major DeFi protocols: - Uniswap (UNI) - Aave (AAVE) - Sky (SKY) - Ether.fi (ETHFI) - Curve Finance (CRV) - Aerodrome (AERO) - Lido Finance (LDO) - Yield Basis (YB) The platform is accessible at [otf.aragon.org](https://otf.aragon.org/) **Background**: This follows the November 2025 announcement of the Ethereum Protocol Advocacy Alliance, where Aragon partnered with Lido, Uniswap, The Graph, Curve, Spark, and Aave. The alliance collectively secures over $100 billion in assets through open, non-custodial protocols and coordinates policy efforts for core onchain infrastructure. The OTF platform provides infrastructure for decentralized organizations to manage their operations and treasuries onchain.

๐Ÿ” New Dashboard Reveals Token Value Flows and Onchain Rights

**Aragon launches the OTF (Onchain Token Framework) dashboard** to help evaluate token quality and mechanics. **Key features:** - Analyze value flows within token ecosystems - Identify which rights are enforceable onchain vs. offchain dependencies - Compare tokens based on programmatic mechanisms that accrue value The dashboard addresses a common challenge: not all tokens are built the same, and it's often difficult to verify which protocols have genuine onchain value accrual mechanisms. Explore live tokens: [otf.aragon.org](http://otf.aragon.org)

Katana Network Launches Token with Staking and Governance Options

Katana Network has officially launched its **KAT token** through a Token Generation Event (TGE). The infrastructure supports a **DeFi-first blockchain** designed for: - Deep liquidity - Sustainable yield generation - Aligned incentives **Token utility options:** - Stake KAT directly - Vote using vKAT (voting tokens) - Enable autopilot mode with avKAT Users can begin staking at [app.katana.network/stake](http://app.katana.network/stake). Additional features for staked KAT are planned for the Superstake platform in the near future.

Aragon Expands Multi-Chain Migration Support for DAO Governance

Aragon now offers migration support across six major blockchain networks: Ethereum Mainnet, Base, Arbitrum, Optimism, Polygon, and zkSync. **Key Features:** - Support for ERC20Votes tokens - Safe transition of governance permissions - Assistance available for protocols planning migrations Protocols interested in exploring migration options can request assistance through [Aragon's form](http://aragon.org/get-assistance-form).

Aragon Expands Governance Toolkit with Advanced Features

Aragon has unveiled an expanded suite of governance options for DAOs and protocols: **Key Features:** - Token lockers/stakers enabling dynamic voting power - Segmented governance processes with granular access control - Multiple governance bodies, including security councils - Optimistic execution with veto capabilities - Gauge-based governance mechanisms The platform maintains core functionality familiar to Tally users, including onchain proposal creation and voting, delegate-based voting, and staking/reward systems. **Recent Implementation:** Cryptex Finance launched new governance on Aragon featuring veCTX staking, delegated voting, fast-track execution with veto, and participation rewards. Protocols can customize and adjust their governance structures during migration, offering flexibility as organizations evolve their decision-making processes.