xGovernance

DAOs are self-governing entities who do not rely on a central authority to function. Smart contracts are utilized for decision making and often also for critical functions of the organization, such as incentivizing contributors.

With the blockchain ecosystem continuously expanding, DAOs face the challenge of continuing to operate seamlessly across multiple chains.

Cross-Chain DAOs are able to collaborate easily on a host of different blockchains, allowing them to accommodate for the different chain preferences of their members but also to utilize the higher cost-efficiencies of the L2 ecosystem.

DAOs that are using xGovernance benefit from the greater flexibility of seamlessly moving assets across chains and making use of blockchain ecosystems that are more cost-efficient while also being able to integrate with a larger number of apps and DAO tools.

A large number of DAOs is only operating on one given blockchain. This introduces a set of drawbacks which we are going to explore in the following.

The blockchain ecosystem consists of a host of separate islands that all have differing features and abide by different rules. xGovernance provides DAOs with bridges to these networks, making them accessible for the organization. This foster innovation and helps DAOs to escape the downfalls of only living on one blockchain that is isolated from other chains.

With xGovernance, your DAO can offer low gas fees and a higher level of risk mitigation.