HomeCrypto UpdatesBuilding on Aragon OSx: 10 Financial Plugins

Building on Aragon OSx: 10 Financial Plugins

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Plugins enhance the functionality of your DAO by adding additional actions and capabilities. They are similar to apps that you install and uninstall on your phone or computer. With plugins, you can expand your DAO’s capabilities such as token swapping and decision-making methods.

Plugins play a crucial role in the adaptation and evolution of Aragon OSx DAOs. By installing and uninstalling plugins, DAOs can modify their governance, finances, and membership.

To help you get started in building a financial plugin, here are 10 ideas:

1. Swap tokens for the best price: Develop a plugin that integrates with a DEX aggregator like Matcha to provide the best swap prices for tokens. This plugin will enable DAOs to easily swap tokens at optimal prices and manage their treasuries efficiently.

2. Voting power proportional to size of investment: Create a plugin that automates the distribution of voting power in an Investment DAO based on the funds contributed by members. This plugin will ensure equal voting power for members and provide a mechanism for easy withdrawal.

3. Vesting periods for DAO governance tokens: Design a plugin that vests DAO governance tokens over a specific period of time. By incentivizing long-term contribution, this plugin promotes value alignment among contributors.

4. Staking directly from your DAO: Build a plugin that facilitates the staking of ETH directly from a DAO, allowing the DAO to earn yield on its assets. The plugin should also enable easy unstaking and return of the assets to the treasury when required.

5. Token streaming: Develop a plugin, such as Superfluid, that allows DAOs to stream tokens directly to contributors. This plugin eliminates the need for frequent proposals to send funds and promotes accountability.

6. Rage Quit: Enable rage quitting for Aragon OSx DAOs through a plugin. This feature allows members to burn their governance tokens and withdraw an equivalent portion of the treasury, providing an exit option without the need to trust other DAO members.

7. Airdrops / automatic distribution based on parameters: Create a plugin that automates the distribution of governance tokens to wallets based on desired behaviors. This plugin can incentivize community engagement and be used throughout the DAO’s lifecycle.

8. Offchain and cross-chain asset tracking: Develop a plugin that shares real-time asset prices of off-chain assets to a DAO’s UI. This plugin can utilize oracles to retrieve data from outside the blockchain, providing a complete view of the DAO’s finances.

9. Automatic DeFi strategies: Build a plugin that allows DAOs to execute complex DeFi strategies without the need for community votes. This plugin would require approval from a verified treasury manager and enable automatic execution of predefined strategies.

10. Asset management permission for subDAOs: Create a plugin that grants permission to a subDAO for asset management in the main DAO’s treasury. The subDAO can be governed by authorized wallet voting, and the main DAO retains the ability to revoke permission through a vote.

To start building your own plugin, you can refer to the provided links for guides, videos, developer documentation, and join the Aragon OSx Discord community. The possibilities are endless, and we look forward to seeing what you create!

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