Ted Hirokawa
April 23, 2025 08:57
Multigov®, a pioneering multichain Governance system, is currently operated in Solana, Ethereum and EVM L2. This system aims to integrate multiple blockchain networks to improve distributed governance.
Multigov®, a groundbreaking multichain Governance platform, has been officially released in Solana, Ethereum Mainnet and various EVM Compatible Layer 2 networks. According to WORMHOLE, Multigov, jointly developed by WORMHOLE, TALLY and Scopelift, aims to simplify the governance process in several blockchain ecosystems.
Distributed governance improvement
The first Multigov promotes the creation, voting and execution of the governance proposals in the supported blockchain to minimize fragmentation and improve the community participation. This platform is designed to overcome the limitations of a single chain governance model, often facing high transaction costs and complexity.
Pioneering implementation of WORMHOLE
WORMHOLE’s governance system will be the first user of Multigov, and token holders can participate in governance activities in Solana, Ethereum and EVM L2S. This implementation is trying to reduce the cost of participation and encourage comprehensive multi -chicken governance to make the community more effectively implementing the integrated proposal.
Multigov’s necessity
Traditional Onchain governance is limited to a single chain operation, which is limited to high prices. Multigov enables governance across different chains, solving these tasks and meeting token holders on their preferred platforms. This approach not only reduces costs, but also distributes and expands governance functions.
Operating dynamics
Multigov works through the “Herb and Spoke” model. Central Hub uses a standard ERC20VOTES token and Openzeppelin Governor to vote flexibly. The connected “Spoking” chain has a local governance token and a governor’s contract that manages the voting rights. The proposal that started in the hub is broadcast across all chains, and the voting is counted and returns to the hub for the final run.
Multi -Chicken Governance Future
The architecture of this platform promises to adapt to an evolving network demand by activating, accessible, and flexible, activating governance. Multigov uses WORMHOLE’s powerful multi -tooth communication infrastructure to ensure safe and efficient governance in various blockchain ecosystems.
WORMHOLE, a leader of blockchain interoperability, connects more than 35 blockchain networks to promote smooth assets and data transfer to support this initiative. Wormhole’s participation in the history of over $ 59 billion cross chain, emphasizes the potential effects of Dultigov on the decentralized governance.
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