Melon is thrilled to announce that the Melon Council will be powered by aragonOS. The Melon Council is responsible for overseeing the future developments of the Melon protocol. aragonOS is a Solidity framework on the Ethereum blockchain, which allows anyone to create, manage and participate in complex decentralised organisations.

This collaboration shows the incredible potential for synergies and integration between different projects on the Ethereum blockchain. Both Aragon and Melon are champions of the principles of openness, decentralisation and transparency. This is the first time Aragon will be used to power a decentralized asset management protocol.

The Melon Council DAO will allow decision making within the Melon Council to remain secure and transparent to the community. The members of the Melon Council will be able to vote on-chain on matters such as inviting new members (MEB/MTC) into the Council, adjusting the amgu price, updating the melonprotocol.eth ENS subdomains, and updating protocol parameters. The Melon Council will also be able to use Aragon tools to make their decisions about inflation spending transparent.