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"As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,â said the platform.
Ethereum scalability infrastructure developer Polygon said it will form a decentralized autonomous organization, or DAO, for all of its community members, as well as projects in decentralized finance, or DeFi.Â
In a Thursday announcement, Polygon called on its members to express their views on the platform forming a DAO. According to Polygon, it plans to create committees to promote discussion between projects including QuickSwap, Sushi Aave and others to âbring DeFi to the next million users.â
âAs the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,â said the project. âVoting for elections of new members could be implemented in multiple ways like by using staked MATIC on PoS or via the DAO tokenholders.â
Polygon said the DAO could offer a solution to scale projects on the software development kits, or SDKs. Other benefits could include âanyone building tooling, integrations and projectsâ on layer-two rollups.
Related: Polygon announces scalable data availability infrastructure Avail
The announcement comes less than a week after Polygon said it would be merging Hermez Network into its ecosystem for $250 million. The merger was part of Polygonâs expansion into zero-knowledge proofs.
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