TechFlow news — Aragon, a DAO solutions provider, announced that it will transfer the Aragon Association's treasury funds to AN DAO by November 30, 2022, and adopt a representative governance structure. Since 2017, the treasury has been held and managed by members of the Aragon Council, who formed the non-profit Aragon Association. The Aragon Association and its council members will transition their roles into the DAO by February 2023.
The detailed timeline for the transition is as follows: September 31, completion of the DAO's smart contracts and readiness for audit; October 1, representative elections will be held; November 1, elected representatives will take office; November 30, funds will be transferred assuming the technology is confirmed safe for use.
