Binance.US has listed Aragon (ANT).
- Buy Aragon (ANT) with Bank Transfer (ACH), Debit Card, or Wire Transfer.
- Trading is available on the ANT/USD and ANT/USDT pairs.
- Deposits and withdrawals are open for ANT
What is Aragon (ANT)?
The Aragon Network is an Ethereum-based protocol that allows users to easily create and manage DAOs, or decentralized autonomous organizations. DAOs maintain a decentralized approach to governance by allowing network participants to vote on key governance decisions, submit new proposals, amend existing proposals, and more. Voting and governance procedures are enforced by smart contracts, allowing organizations to make decisions and settle disputes more efficiently.
For disputes that are difficult to settle, typically revolving around subjective disputes, the Aragon Network allows participants to escalate cases to the Aragon Court, a dispute resolution protocol. Participants who stake greater amounts of ANT as collateral have a higher chance of becoming an Aragon Court juror, officially known as a Guardian. The staked ANT gets automatically converted to Aragon Juror (ANJ) tokens. Guardians are incentivized to vote for correct outcomes, as rewards are given to guardians who submitted votes that aligned with the majority’s voting decision. Those who voted against the final outcome will lose the tokens they put up as collateral.
ANT is the native token of the Aragon Network. As an ERC-20 governance token, network participants use ANT to vote on proposals, apply for a chance to serve as a Guardian on Aragon Court disputes, and shape the future of the DAO.
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