Aragon Cancels Plans for Token-Holder Voting Plan

Switzerland-based Aragon Association, the open-source framework for decentralized autonomous organizations (DAOs), has canceled plans to give its original token holders voting rights over the organization's future direction. Instead, in an effort to ensure Aragon's mission, they are repositioning the Aragon DAO by making it a part of a new grants program. Recently, a group called "Risk-Free Value (RFV) Raiders" launched a 51% attack on the newly launched Aragon DAO, attempting to profit using ANT. According to a blog post by Aragon, the RFV Raiders are associated with the Rook DAO attack that occurred in April and subsequent cash-outs.