DAOs on Polygon Experience 2x Increase in Activity Compared to Ethereum
Decentralized Autonomous Organizations (DAOs) have been gaining popularity in the blockchain space as a way to democratize decision-making and governance. However, the high gas fees on Ethereum have made it difficult for smaller DAOs to operate efficiently. This is where Polygon, a Layer 2 scaling solution for Ethereum, comes in.In recent months, there has been a surge in DAO activity on Polygon. According to a report by DappRadar, DAOs on Polygon experienced a 2x increase in activity compared to Ethereum in June 2021. This can be attributed to the lower