Aragon Q3 Transparency Report

Aragon Q3 Transparency Report

A recap of what has been going on with Aragon during Q3 2017

As per our Transparency Model, we do quarterly Transparency Reports of our use of funds and about the overall progress of the project.

Transparency Framework

This is our main transparency tool which shows our use of funds with human readable descriptions attached to each transaction.

Salaries in Q3:

July: 242.32 ETH, equivalent of about $50,446

August: 112.75 ETH, equivalent of $44,310.75 and 4,620.46 ANT, equivalent of $13,233.73 as well as 24.04 ETH, equivalent of $9,447.72 was paid to a contractor.

This also includes reimbursements to team members from expenses that incurred during our first offsite where we all got together for a week to work on Aragon. Around 7.57 ETH, or $1,800 were used in fiat during the offsite for commodities such as food etc.

September: 112.86 ETH, equivalent of about $29,676 and 4,315.57 ANT, equivalent of about $7,263

Devcon3 sponsorship:

66.00 ETH, equivalent of $20,000

We wanted to sponsor the Ethereum Foundations yearly Developer Conference as an ecosystem sponsor to help make this great event a reality.


Oliver approves this message

Expenses in Q3:

226.84 ETH, equivalent of around $40,124 and 2,356.02 ANT equivalent of around $4,500

These include business expenses, payments to our PR agency, legal services, logistics and things for the offsite. Included are also things like work equipment to team members, new laptops, office equipment etc. which are essential for us to work effectively since we're a fully distributed team, each working from a different location.

Token Buybacks

We began buying our tokens back a couple weeks after the token sale had closed. The Aragon Foundation has kept occasionally buying more tokens since then.

ANT is a great tool for us to incentivize contributors. Having a wide, varied community of contributors from different backgrounds is important.

More details and reasoning behind the decision to do these can be found in our Token Buyback Transparency Report.

3,000 ETH, split into several smaller transactions

Ethereum Transaction 0xc63b7f455c804fca2837109eb5cbd2c332382d14d3f69c855252bc4734d8edf2
The Ethereum BlockChain Explorer, API and Analytics

500 ETH, equivalent of $146,500, done in two parts of 250 ETH

Ethereum Transaction 0xadde44f7479c62a373a3f1abdb116747ef3ea0abc338f0a8454c55df8988c95a
The Ethereum BlockChain Explorer, API and Analytics

Ethereum Transaction 0x20d0d4c32823ebeeb6d12f5ad787a097bf90d147c3be4c64b488fafa22c22cbc
The Ethereum BlockChain Explorer, API and Analytics


We have a repository in our Github for Aragon Governance Proposals where team members and community members can start new governance proposals for the project.


AGP 2: Aragon Community Governance Model

AGP 5: Migration to Open Source Messaging Platform

Announcing Our Migration To An Open Source Messaging Platform


AGP4: System for resolving subjective and value based disputes


Defined in our Community Governance Model, we hold regular public meetings that are livestreamed and available afterwards as recordings in our Youtube channel.

Dev Meetings are deprecated and have been integrated into HQ Meetings after the first two

Aragon Dev Meeting 01

Aragon Community Meeting 01

Aragon Dev Meeting 02

Aragon Community Meeting 02

Aragon HQ Meeting 01

Aragon Community Meeting 03


You can find more details about the development progress in our Aragon Q3 Development Update blog post.

Aragon Q3 Development Update

Our Development Plan, which also acts as our roadmap, was updated to version 1.2 in order to reflect recent changes. More info about that and other development related documentation can be found in the Aragon Wiki.