Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»Multigov® launches multi -chica governance in Solana, Ethereum and EVM L2
ADOPTION NEWS

Multigov® launches multi -chica governance in Solana, Ethereum and EVM L2

By Crypto FlexsApril 25, 20252 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Multigov® launches multi -chica governance in Solana, Ethereum and EVM L2
Share
Facebook Twitter LinkedIn Pinterest Email

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.

Image Source: Shutter Stock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

It flashes again in July

July 6, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025
Add A Comment

Comments are closed.

Recent Posts

GrayScale XRP ETF GETS sec NOD: XRP price prediction and market impact

July 8, 2025

Distribute Crypto Media Release That Get Attention

July 8, 2025

GUNZ Announces $GUN Token Expansion To Solana

July 7, 2025

NEXST Launches Web3 VR Entertainment Platform With K-Pop Group UNIS As First Global Partner

July 7, 2025

Elon Musk announces that his “American Party” will accept Bitcoin and criticizes Trump’s financial bill.

July 7, 2025

From Wall Street to Wallet: Ark Defai redefines financial architecture.

July 7, 2025

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025

Crypto Price Prediction Strategies – How Traders Forecast The Market

July 6, 2025

Causes, History, And How To Survive

July 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

GrayScale XRP ETF GETS sec NOD: XRP price prediction and market impact

July 8, 2025

Distribute Crypto Media Release That Get Attention

July 8, 2025

GUNZ Announces $GUN Token Expansion To Solana

July 7, 2025
Most Popular

Analyst Predicts Ethereum and Solana’s Bounce to New All-Time Highs and Calls One Memecoin an ‘Outperformer’

November 19, 2024

Secure Social Recovery Module – Ackee Blockchain

August 20, 2024

Ethereum-based token defies market trends with 80% rise

February 5, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.