5 Questions for Polygon's DAO Lead

Polygon DAO is the centerpiece of Polygon’s long-term strategy of progressively decentralizing the protocol and turning over control to the community. At a recent fireside chat, Polygon’s DAO lead Marco Grendel answered a few questions about what that may look like in the near term. We thought they were worth sharing with the broader community.

What do DAOs bring to the table for a project like Polygon?

When we talk about DAOs, we are talking about new organizational and participatory forms with multiple use cases. Polygon evaluates many of these applications with great interest, identifying them as fundamental to the evolution of Web3 and beyond.

For example, DAOs hold out the promise of new frameworks organizations and entities can use to build in novel and dynamic ways, combining top-down with and bottom-up elements. Another use case is educational, engaging with the community and educating its members about the new opportunities created by DAOs. The knowledge provided by different educational initiatives centered on some new community initiatives will serve as a foundation for competing for new job opportunities, in turn attracting more skilled talent to Web3.

How is Polygon contributing to the development of DAOs beyond its own project?

Polygon is strongly committed to the growth of DAOs and everything that surrounds them. The team is involved in exploring new forms of governance and supporting tool development, both third party and internal.

The biggest contribution to DAO tooling so far has been Polygon ID, a sovereign identity solution based on Zero Knowledge proofs. It allows for a migration from a token-based DAO governance to one based on identity and reputation. Polygon ID is a solution that goes beyond the current forms of digital identity (on blockchain and otherwise) and reputation based on NFTs.

What sort of DAOs receive Polygon’s support?

Polygon has collaborated with several DAOs, mainly in DeFi and the world of Gaming Guilds, offering them various forms of assistance. This support is now being carried forward by the Polygon Village program, which will soon launch a vertical dedicated exclusively to DAOs and DAO tooling.

What are Polygon DAO’s goals and what impact will they have on the project and the surrounding ecosystem?

Polygon DAO has several objectives:

- Represent the Polygon ecosystem 

- Progressively decentralize its functions

- Build a neutral party to support the growth of the ecosystem

- Delegate and decentralize the functions of the Polygon’s internal teams, allowing Polygon to scale

- Evangelize to developers and communities

- Support DAO open-source initiatives

Through the use of Polygon ID and reputation-based governance, the Polygon ecosystem will be better equipped to look after its own needs in the future. And the DAO's progressive decentralization process will be key to the ecosystem's organic, stable and distributed growth, courtesy of new coordination methods, collaborations, and stronger network effects.

What is Polygon Village?

Polygon Village was launched in April as a one-stop-shop where developers get access to everything they need to build, grow, and showcase their Web3 initiatives. The program was born from Polygon's desire to offer comprehensive, quality support to the projects building on Polygon. 

The Village is managed by the DAO for two reasons:

- to allow for a progressive decentralization

- because the DAO represents the ecosystem and the support program is dedicated to the ecosystem itself

Support comes in many forms, including grants, a voucher program for services useful to project development, mentoring support offered by various experts. The Village can also offer projects introduction and exposure to relevant communities. The program is constantly evolving, in order to be able to keep up with changing needs of Web3 builders. You can learn more about Polygon Village here.


Visit our blog to stay up to date on all Polygon developments. And let’s bring the world to Ethereum!

Website | Twitter | Ecosystem Twitter| Developer Twitter | Enterprise Twitter | Studios Twitter | Telegram | Reddit | Discord| Instagram | Facebook | LinkedIn 

More from the Polygon Blog
Data Availability is Not Data Storage

Recall this grade school experience: you raise your hand and ask, “Can I go to the bathroom?” To which your teacher responds with “I don’t know. Can you?” Might seem far fetched, but this is a perfect entry point to understanding the difference between data availability and data storage. Let's bring this analogy close to […]

Read More
The Future is Now for Ethereum Scaling: Introducing Polygon zkEVM

We all know that Ethereum needs to scale, and we at Polygon believe that zero-knowledge (ZK) tech is the most promising pathway to get there. But that path has often seemed as if it would be long and winding. The conventional wisdom has been that the crypto space would need many years to develop Layer […]

Read More
Polygon Reaches First Sustainability Milestone by Achieving Network Carbon Neutrality

Polygon has made a major first step toward becoming carbon negative with the retirement of $400,000 in carbon credits representing 104,794 tonnes of greenhouse gasses, or the entirety of the network’s CO2 debt since inception.  The milestone comes after Polygon in mid-April released its Green Manifesto, part of its broader vision for sustainable development. The […]

Read More
Polygon Avail Launches on Testnet to Turn Monolithic Chains Modular

If we want the entire world to join Web3, blockchains will need to handle more transactions. Monolithic blockchains can’t scale because they’re asked to perform too many tasks (execution, settlement, and data availability) at once. But if chains were able to focus on just one part of the stack at a time, the entire ecosystem […]

Read More
Polygon Leads $25 Million Fund For Web3 Venture Studio SuperLayer

Polygon is pleased to reveal that it has led a $25 million funding round for Web3 venture studio SuperLayer. This partnership and funding will help spread SuperLayer’s vision of accelerating the most promising Web3 platforms and projects. SuperLayer is led by managing partners Kevin Chou and Mahesh Vellanki, both founders of multiple leading Web3 companies, […]

Read More
Polygon zkEVM Within Vitalik’s Framework: Gaining Clarity and Looking Ahead

The Ethereum community has recently seen a flurry of zkEVM (zero-knowledge Ethereum Virtual Machine) announcements, including the unveiling of Polygon zkEVM. Given how new these technologies are and how many different approaches are being tried, it comes as no surprise that there has also been a lively debate around key concepts and terminology. What is […]

Read More
Polygon is Coming to ETHMexico With Blu3house #onPolygon 

Polygon is coming to Latin America as a presenter-tier sponsor of ETHMexico.  The annual gathering of Ethereum's brightest minds organized by ETHGlobal will be held on Aug. 19 - 21 in Mexico City. In preparation for the 36-hour-long hackathon, Polygon will host and mentor 25 top women builders in Web3 at our Blu3house #onPolygon. These […]

Read More
crossmenuchevron-down-circle