Overview
Welcome to the MultiGov docs! This first section provides an overview of MultiGov. Feel free to jump to any of the other sections in the table of contents below:
Table of Contents
Overview
What is MultiGov and why is it important?
MultiGov is a cross-chain governance system that extends traditional DAO governance across multiple blockchain networks. By leveraging Wormhole's interoperability infrastructure, MultiGov enables seamless voting and proposal mechanisms across various chains.
MultiGov is important because it:
Increases participation by allowing token holders from multiple chains to engage in governance
Enhances security by leveraging Wormhole's robust cross-chain communication
Improves scalability by integrating any chain supported by Wormhole
Enables unified governance and coordinated decision-making across multiple networks
Key Features
Hub and Spoke Model: Central coordination on a hub chain with participation from multiple spoke chains. A hub chain is the chain where governance state lives while the spoke chains can be thought of as extensions of governance that allow for participation by token holders on other chains.
Cross-Chain Voting: Token holders on any integrated chain can cast votes
Vote Aggregation: Votes from all chains are collected and tallied on the hub
Cross-Chain Proposal Execution: Approved proposals can be executed across multiple chains
Wormhole Integration: Secure and reliable cross-chain communication
Flexible Architecture: Can integrate with any Wormhole-supported blockchain
High-Level Architecture Diagram
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