Revolutionizing Governance: MultiGov® Launches Multichain System on Ethereum, Solana, and EVM L2
By Ted Hisokawa
Published on April 23, 2025, at 08:57
In a groundbreaking move for decentralized governance, MultiGov® has officially launched its innovative multichain governance system across major platforms including Solana, Ethereum, and various EVM-compatible Layer 2 networks. Developed through a collaborative effort by industry leaders Wormhole, Tally, and Scopelift, this pioneering platform is set to redefine how governance is conducted in the blockchain space.
Image Source: Shutterstock
A New Era in Decentralized Governance
MultiGov is the first governance platform of its kind to facilitate the creation, voting, and execution of proposals seamlessly across multiple blockchains, effectively breaking down the barriers that often accompany single-chain governance models. As more blockchain networks emerge, the need for an interconnected governance strategy that enhances participation and reduces fragmentation has never been more critical.
Tackling Fragmentation with MultiGov
Traditional centralized governance systems are often stifled by high transaction costs and the complexity of engaging users across disparate platforms. MultiGov addresses these issues head-on by providing a robust and user-friendly interface that encourages community involvement—allowing token holders to engage in governance activities regardless of their preferred chain.
Wormhole’s Game-Changing Implementation
Wormhole will serve as the inaugural user of MultiGov, enabling its token holders to take part in governance proposals spanning Solana, Ethereum, and EVM L2s. This groundbreaking implementation is designed not only to lower participation costs but also to foster a more inclusive governance framework, encouraging token holders from varied chains to unite under a common cause.
Why MultiGov Matters
In the rapidly evolving crypto landscape, token holders often find themselves limited to governance practices that only work within their specific blockchain ecosystem. MultiGov is the answer to this restriction, introducing a multichain governance model that brings proposals directly to token holders where they already operate. This approach diminishes costs and enhances accessibility, promoting decentralized governance on a broader scale.
Unraveling the Operational Mechanics
MultiGov operates under an innovative "hub and spoke" model, utilizing a standard ERC20Votes token and an OpenZeppelin Governor with Flexible Voting at its core. Each affiliated "spoke" chain has its own local governance mechanism, managing voting power for its community. When proposals are initiated on the hub, they are broadcasted across all participating chains, with votes aggregated and relayed back to the hub for final execution. This model not only streamlines the voting process but also maintains the integrity and security of governance activities.
The Future of Multichain Governance
MultiGov is paving the way for a future where governance remains active, accessible, and adaptable to the ever-changing demands of diverse blockchain networks. By leveraging Wormhole’s advanced multichain communication capabilities—connecting over 35 blockchain networks and facilitating over $59 billion in cross-chain volume—MultiGov is positioned to make a significant impact on decentralized governance.
At Extreme Investor Network, we believe that the evolution of governance platforms like MultiGov signals an exciting transformation in the crypto world, encouraging greater participation and making governance not just a privilege for a select few, but an inclusive endeavor for all token holders.
For more insights and updates on the latest in blockchain innovation, stay tuned to Extreme Investor Network—where we bring you the future of investing.