How to create a DAO on Polygon
In this section, we will walk you through how to deploy a DAO using the Aragon Client on the Polygon network. You can either watch the Video or you can read the Text below the Video.
Polygon is an L2 scaling solution for Ethereum. It is a 'Proof of Stake' network, where users can transact with each other for fraction of the Mainnet transaction cost.
Assets on Ethereum can be moved to Polygon and back again using bridges. Ethereum fees are proportional to the complexity of the transaction but Polygon enables complex transactions for very low cost without leaving the Ethereum ecosystem.
This is why Aragon has deployed its own DAO infrastructure to Polygon, effectively reducing the cost of deploying a DAO from $500+ to a few cents.
- Connect your Web3 wallet to the Polygon Testnet and deposit "test-MATIC".
Connect your Web3 wallet to the Polygon network and deposit at least 0.2 MATIC.
- 1.Click Connect account and select your wallet provider. In the example below, we have connected our Metamask account to the Polygon network. If the dialogue box says that it is connected to another network, switch your wallet to the Polygon network. The connected network is automatically derived from the network selected on the wallet.
- 2.Click Create an Organization and follow this tutorial that will run you through the creation process