Aragon Agreements

What

What are Aragon Agreements?

Aragon Agreements leverage Aragon Court to allow DAOs to supplement their programmatic rules with subjective constraints and intentions that are interpretable in plain English.

Why

People augmenting machines

To date, acceptable actions and behavioral boundaries within DAOs are rigidly defined in code, and strictly enforced by machines alone. However, many concerns cannot or should not be so rigidly defined in code and must be augmented with more subjective judgements.

How

Aragon Court

Aragon Court acts as an arbitrator made up of real people, jurors, to enforce human readable rules established in an Agreement. It's not an alternative to the traditional legal system, but in some ways it's more useful because it doesn't care who you are, even if you're pseudonymous.

Learn more about Aragon Court

Prevent

Attention fatigue

Every member does not need to actively monitor or participate in every vote since any member can dispute any action.

Confusion

Members don’t need to sort through disconnected documentation to know the basic rules and norms for participating.

Malfeasance

Members can’t use their power to harm minority stakeholders or abuse shared resources.

Promote

Proactivity

Allow members to have more autonomy to take action on behalf of the organization when they know their action is legitimate.

Common sense

Align your members by defining your organizational values and acceptable actions in plain English.

Accountability

Attract members who value responsibility and that actions they make are in the best interest of the community.

How

Agreement creation process

Upload document

Upload a file or add a link to a human-readable text describing the initial Agreement text.

Configure requeriments

Configure the security conditions that determine the execution of actions bound by the Agreement. For example, the challenge period before an action is executed, the collateral amount signers must deposit to perform actions, etc.

Activate Agreement

To activate the Agreement, it must approved via a vote by a majority of members.

Share with members

Share the new Agreement with members so that they can sign, stake, and begin performing actions under the new Agreement.

Stake & Sign

Members who want permission to perform actions on must sign the Agreement and stake the required amount of collateral.

Update Agreement

Once the Agreement has been signed and collateral deposited members can begin performing actions, however, if at some point a change needs to be made to the Agreement you must repeat steps 1-5.

Use case scenario

Minority protections

Let's say there is a DAO with an Agreement instance saying that proposals should be made in good faith and benefit token holders equally.

A malicious member submits an action to create a vote that transfers all of the DAO's funds to the members who vote ’Yes’ on the proposal. Once a majority approve it, the funds would move and the minority would have their funds stolen.
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Except, another member notices that and challenges the action, and prevents the theft.