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Aragon is a decentralized platform built on the Ethereum network. It allows users to manage entire organizations on the blockchain offering several tools that allow users to manage these decentralized organizations with efficiency. The ANT will enable its holders to govern the Aragon Network.
ANT — the Aragon Network Token — was introduced in 2017 as the governance token of the Aragon Network. ANT was one of the first tokens to adopt the MiniMe standard, being governance-enabled out of the box. MiniMe stores block-per-block snapshots of token balances. That way, votes can be properly counted and no one can vote twice with the same tokens.
Aragon is now introducing ANTv2: a new version of the token that is 3x cheaper to transfer and supports gasless transfers.
ANTv2 will also support voting, but all the logic doesn’t need to be on-chain like ANTv1 making it cheaper to transfer. Thanks to the adoption of off-chain voting, ANTv2 is extremely lightweight.
Try our free Aragon (ANT) portfolio tracker if you want to efficiently keep track of your ANT and other coin/token investments.