Ang Aragon Association ay maluwag, gawing 86K ETH na redeemable
The Aragon Association (AA), a Switzerland-based non-profit founded to grow Aragons DAO platform, will dissolve. As part of the process, ANT holders will be given one year to redeem their tokens. A total of 86,343 ether will be deployed into a redemption contract, and ANT holders can redeem these tokens at the price of 0.0025376 ether (ETH) per ANT. The Aragon project itself will continue to exist, consisting of a product council that will allocate resources and a business entity, made up of the current Aragon OSx team, to carry on development. The decision to dissolve AA was a private decision made within the team due to legal constraints, the association wrote in a blog post. “The current Aragon OSx team had no decision-making power in the AA‘s decision. We’re relieved the governance tensions that were out of our control are being resolved. We‘re committed to continuing Aragon’s mission by building a resilient DAO framework,” Aragon OSx told Blockworks. The team further noted that it had “tried and failed” to launch multiple products as a team, and that both the AA and ANT holders were not appropriately situated to govern the project. “Too few ANT was in the hands of users, partners and builders after years