KEY TAKEAWAYS
- Aragon collaborates with Status Network to develop pre-deposit vaults for Ethereum’s first gasless L2 network.
- Status L2 aims to eliminate gas fees and reward users through a shared-yield model using Karma tokens.
- Aragon’s vaults will enhance security and capital efficiency, supporting the network’s liquidity and governance.
Aragon has announced its collaboration with Status Network to provide custom services for the development of pre-deposit vaults. This initiative marks a significant step towards launching Status L2, Ethereum’s first gasless, shared-yield layer 2 network.
The pre-deposit vaults will enable users to contribute liquidity through Karma, Status Network’s non-transferable reputation token. Karma rewards users for their contributions to the L2, determining the number of free, gasless transactions they can perform and their influence in governance decisions. This system is designed to allocate shared yield across the ecosystem effectively.
Features of Status L2
Status Network is developing an Ethereum layer 2 solution aimed at eliminating gas fees, facilitating private on-chain interactions, and rewarding participants through a shared-yield model. Built on the Linea zkEVM stack, Status L2 integrates with the Status and Logos ecosystems to offer several key features.
The gasless user experience allows users to transact without the need for gas wallets or paymasters, simplifying the onboarding process. The shared-yield model redistributes yield generated from bridged L1 assets and fees from native L2 applications back to users through decentralized governance powered by Aragon.
Karma, the governance and reputation token, is earned through activities such as staking, deploying apps, or storing assets. It provides voting power, increased gas-free throughput, and access to private accounts and relayers. Additionally, Status L2 includes a native privacy layer, enabling developers to offer private interactions, shielded assets, and anonymous relayers.
Aragon’s Role in Pre-Deposit Vaults
Aragon’s pre-deposit vaults will allow users to contribute capital in a non-custodial, transparent, and efficient manner, directly seeding the network’s shared-yield pool and liquidity foundation ahead of the mainnet launch. The vaults are fully transparent, with all code released under CC BY 4.0 and AGPLv3 licenses, supporting integrations with staking and lending strategies to generate yield for the Status Network’s shared pool.
Using Aragon OSx and modular governance components, these vaults will be deployed on Ethereum L1 and on Linea for select assets. This ensures secure, non-custodial, and future-proof infrastructure aligned with Status Network’s principles. Aragon’s vaulting system enhances security and operational governance while boosting capital efficiency by ensuring every deposited asset is utilized immediately through yield-generating strategies.
The pre-deposit period is set to begin this month, with the Status L2 mainnet and initial Karma distribution planned for early 2026. Aragon will continue to provide open-source governance tooling and vault infrastructure as Status Network progresses through its pre-deposit phase and prepares for mainnet. More updates and technical documentation will be released as components are publicly shipped.
For more information, visit the official announcement here.
Why This Matters: Impact, Industry Trends & Expert Insights
Aragon’s collaboration with Status Network to create pre-deposit vaults marks a pivotal development in the evolution of Ethereum’s first gasless Layer 2 network, Status L2. This initiative aims to enhance user experience by eliminating gas fees and introducing a shared-yield model.
Recent industry reports indicate that Ethereum Layer 2 (L2) development is characterized by rapid adoption and increased decentralization. This aligns with the launch of Status L2, which aims to leverage these trends by providing a scalable and cost-efficient solution for Ethereum users.
Expert opinions highlight Aragon as a leading platform in blockchain governance, particularly for decentralized autonomous organizations. This supports the impact of Aragon’s role in enabling secure, transparent governance for Status L2’s pre-deposit vaults, reinforcing its significance in the broader Ethereum ecosystem.
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