Token Holders Can Now Browse and Easily Vote on Referenda
Boston, MA – May 6, 2021 – Moonbeam, the Ethereum-compatible smart contract platform on Polkadot, announced an integration with Polkassembly, a governance explorer and forum for Substrate-based blockchains. This integration provides Moonbeam users with a user-friendly interface for viewing and tracking ongoing on-chain governance proposals. Polkassembly currently supports Moonbeam’s TestNet, Moonbase Alpha, and will expand its support to Moonriver and Moonbeam in the future.
Polkassembly is a platform for anyone to discover and participate in Polkadot and Kusama governance and is now expanding its services to prominent parachains on Polkadot, such as Moonbeam. This integration will allow Moonbeam users to browse proposals made on-chain, discuss them with the community, and vote directly from the Polkassembly website using a browser extension. This is another step forward into user-friendly interfaces that facilitate the adoption of proposals to advance Web3.
This integration will make on-chain governance more approachable and accessible. Through the web-based interface, both Moonbeam token holders and community members will be able to keep track of discussions around new referenda in a more user-friendly way. These motions and elections include topics that could drastically improve or change the network, including software upgrades to the Moonbeam protocol itself.
“Good and transparent governance tools will be required for the multi-chain future Moonbeam is building,” said Nikhil Ranjan, CEO of Polkassembly. “The Polkassembly team is excited to join Moonbeam in building that future.”
Polkassembly gives participants full access to a detailed list of the referenda, motions, and proposals that are being put forth by the community. This will accelerate the participation rate of on-chain governance referenda and allow the community to have a voice on these important decisions related to the Moonbeam and Moonriver networks.
“We are firm believers in on-chain approaches to the governance of decentralized systems. User-friendly applications like Polkassembly are essential to increasing the overall participation in the on-chain governance process,” said Francisco Javier Agosti, Director of Markets and Partnerships. “This integration gives our community direct visibility and easier participation in the motions up for vote that affect both the Moonbeam and Moonriver networks.”
Moonbase Alpha, the TestNet, is currently live on Polkassembly and can be viewed here. Polkassembly explorers for Moonriver and Moonbeam will be available once launched. The Polkassembly team has also been awarded a grant by the Moonbeam Foundation. Learn more about the grant program and how to apply on the Moonbeam Foundation website.
About the Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. As a parachain on the Polkadot network, Moonbeam will benefit from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot. Currently, in active development by PureStake, Moonbeam is expected to reach MainNet by mid-2021. Learn more: https://moonbeam.network/.
PureStake’s team has extensive experience building technology companies and complex software platforms. Led by Derek Yoo, former Fuze Founder, and CTO, PureStake provides protocol implementation services and creates developer tools for next-generation blockchain networks. Learn more: https://www.purestake.com/.
Polkassembly is an open-source platform for anyone to discover and participate in Substrate-based chain governance. You can browse proposals made on-chain, discuss with the community and vote directly from the website using a browser extension. Proposal authors are the only ones able to edit the proposal post and description. The team has extensive experience in Substrate and Web 3.0 development. Learn more: https://polkadot.polkassembly.io/.