Our team is pleased to announce the V1 of Verse Network’s native tools and infrastructure is now live.  New and improved product features on our DAO Ecosystem include support for Ethereum-to-Polygon cross-chain governance as well as support for governance on the Klaytn chain. Our V1 tooling also features an improved UI/UX, enhancing the user experience for DAO managers and members alike.

Enhancements to Clique

Getting started on Clique remains as easy as connecting your Metamask wallet. DAO managers can set up on-chain governance with fully configurable parameters for the governance framework and other on-chain activities.

Community members can access Clique to browse, govern and socially participate in DAOs in the Verse ecosystem through an aggregated dashboard. Community members can view asset holdings, proposals, and ongoing events through their dashboard. Users are now able to:

• View holders and governance structure within listed DAOs
• Vote on open proposals, and view results of closed proposals 
• Manage DAO community memberships

Ethereum-to-Polygon Cross-Chain Goverance 

Visual overview of the cross-chain governance structure through Verse Network’s Data Bridge. 

DAOs built on Ethereum can use Clique to implement decentralized on-chain governance for their communities without migrating their tokens. Users can create, vote and pass proposals on Polygon without the need to issue new tokens or bridge existing tokens to the chain.

While Ethereum remains the most popular chain for new and existing DAO projects, lower gas fees on Polygon improve efficiency and participation for all DAO governance activities, including voting and proposal creation. 

Support for Klaytn

Continually expanding onto EVM compatible chains, V1 is now available to projects on the Klaytn blockchain, bringing DAO creation and on-chain DAO governance to all users on the chain. Verse Network’s DApp integration allows organizations, users, and projects to build and manage DAOs directly on Klaytn. Through Clique, projects on Klaytn have access to voting and governance for their communities and token holders with just a few clicks. 

V1 and Beyond

As part of our V1 rollout, we are working with an initial group of projects and DAOs to implement cross-chain governance. If you wish to use Verse Network’s DAO tooling for your project, please get in touch using this form. 

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**For V2 we plan to introduce a number of features including DAO token creation directly on Polygon, additional governance solutions such as Executable Proposals and integration with additional EVM compatible chains.

If you have any questions about the solution, reach out to us by email (contact@stp.network) and our team will be happy to follow up. Follow our Twitter for updates on additional tools and features rolling out in the coming weeks