Verse Network by STP launched one of the first on-chain governance tools on Klaytn, a leading Layer 1 blockchain in Asia. It’s dApp Clique, an all-in-one DAO infrastructure platform is now integrated with Klaytn blockchain to bring onchain DAO governance to all its users. This integration will allow organizations, users, and projects to build and manage DAOs directly on Klaytn, an EVM-compatible blockchain.
DAOs and projects on Klaytn now have access to voting and governance for their communities and token holders with just a few clicks on an aggregated DAO dashboard. Users can browse, govern and participate in all DAOs, as well as execute proposals based on community votes.
Moreover, the users and projects on Klaytn can also access Clique's new features in terms of DAO Rewards, SDK, etc.. These new features provide a great way for DAOs to grow their community and increase engagement by facilitating DAO participants to get real rewards. Regarding the SDK, projects can now customize the cross-chain governance and voting system on their own website while saving the development and audit resources of building from scratch.
About Verse Network by STP:
Verse Network is a full suite of native tools and infrastructures facilitating efficient decentralized decision-making for users, communities and organizations to streamline the creation and management of DAOs. Through Verse Network, users can access a suite of no-code DAO tools to launch and manage their DAOs on a range of blockchains.
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Klaytn, released in 2019, is a dominant blockchain in Korea featuring an efficient hybrid design. The Klaytn blockchain combines the benefits of public blockchains, such as decentralized data and control, with the benefits of private blockchains such as low latency and high scalability.
Klaytn is South Korea’s leading blockchain and is accessible to 45 million users in the Korean market through the KakaoTalk app. It previously secured the Central Bank Digital Currency (CBDC) project with the Bank of Korea.
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