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Aragon and Balancer Will Both Pledge $100k for Snapshot Development

Amy Liu

Summary: Today, DAO solution provider Aragon (ANT) announced that Aragon Association will cooperate with Balancer Labs on taking Snapshot to the next level by contributing to the codebase and also sponsoring a sizable amount of bounties. The Aragon Association will pledge $100k worth of ANT, while Balancer Labs will pledge $100k worth of BAL (subject to BAL governance approval). Both tokens ...

Today, DAO solution provider Aragon (ANT) announced that Aragon Association will cooperate with Balancer Labs on taking Snapshot to the next level by contributing to the codebase and also sponsoring a sizable amount of bounties.

The Aragon Association will pledge $100k worth of ANT, while Balancer Labs will pledge $100k worth of BAL (subject to BAL governance approval). Both tokens will go into a 50/50 Balancer pool. Those funds will be used towards Snapshot development and funding bounties. 

A couple weeks ago, Aragon released a post about the holy grail of voting: Off-chain polling with on-chain execution. It explored the potential of bringing on-chain execution to Snapshot, a widely adopted tool for tokenholder polling.

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