In the governance of decentralized autonomous organizations (DAOs) in Web3, WalletConnect is gradually becoming an important bridge connecting members with the governance system.
Firstly, in terms of member authentication, WalletConnect plays a key role. DAO members authenticate their identities by connecting their wallets to the governance platform using WalletConnect, ensuring that only legitimate members can participate in governance voting. The wallet address serves as a unique identifier, and combined with cryptographic technology, it ensures the security and uniqueness of the authentication, preventing identity impersonation and maintaining the fairness of DAO governance.
During the voting process, WalletConnect provides a convenient way to interact. Members can receive voting notifications, view proposal details, and cast their votes directly from their wallets. Voting data is securely transmitted via WalletConnect, ensuring the authenticity and immutability of the voting results. For instance, in a vote to decide the allocation of DAO funds, members can quickly vote through WalletConnect, and the system can tally results in real time, improving the efficiency of governance decision-making.
Furthermore, WalletConnect's support for multiple chains makes cross-chain DAO governance possible. Members from different chains can participate in the governance of the same DAO through WalletConnect, breaking down barriers between blockchains, expanding the range of DAO members, and promoting global community collaboration, making DAO governance more diverse and decentralized.
