Wormhole: Currently collaborating with Tally and ScopeLift to create a multi-chain governance system MultiGov

2024-04-09 10:06:47
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ChainCatcher news, the cross-chain interoperability platform Wormhole announced on social media that it is collaborating with DAO governance infrastructure Tally and crypto company ScopeLift to establish the industry's first multi-chain governance system, MultiGov, which will soon be available for DAOs on Solana, Ethereum mainnet, and EVM L2. The W token will be the first token to implement MultiGov. Wormhole DAO will be the first to adopt MultiGov, enabling W holders to create, vote, and execute governance proposals on any supported chain.

It is reported that the goal of MultiGov is to achieve: activity (meeting community members where they are), accessibility (by lowering gas fees, allowing all token holders to participate), accessibility (enabling token holders to vote on any chain), and flexibility (allowing DAOs to easily expand to new networks).

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