FE
Friederike Ernst
COO at Gnosis
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Work Experience
COO
Present
Company Details
51-200 Employees
GnosisDAO builds decentralized infrastructure for the Ethereum ecosystem. The Gnosis mission has always been centered on experimentation and building decentralized infrastructure for the Ethereum ecosystem. When Gnosis was founded in 2015, it focused on building prediction markets to enable worldwide access to accurate information. While creating the prediction market platform, it became clear that Gnosis needed to build the infrastructure required to support it. As a DAO, Gnosis uses the products that it creates to transparently guide decisions on the development, support, and governance of its ecosystem. Safe (multisig and programmable account), Cow Protocol (formerly CowSwap and Gnosis Protocol), Conditional Tokens (prediction markets), Gnosis Auction, and Zodiac (standard and tooling for composable DAOs) are all products incubated by Gnosis. Their success can be attributed to the recent spin-out of Cow Protocol and the formation of SafeDAO. In November 2021, both the xDAI and GnosisDAO community voted to combine their vibrant ecosystems to create the Gnosis Chain: an EVM compatible, community owned network that prioritizes credible neutrality and resiliency. It uses the xDai token and includes a wide-ranging group of projects and users. Secured by over 100k validators around the world, Gnosis Chain has all the tooling you are used to and trustless bridges to mainnet soon. Using the same execution layer and consensus layer clients as Ethereum, Gnosis Chain is compatible with all future EIPs. Its diverse validator set and the community governance ensure Gnosis Chain remains credibly neutral at a much lower price point than mainnet. Only 1 GNO is required to spin up a validator and the process is user-friendly. Gnosis Chain uses a dual-token model. xDAI is a stable token used to pay for the execution of smart contracts and gas fees, and GNO is used for staking as the governance token for the GnosisDAO.
Year Founded
2017
Social Media
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Industry
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HQ Location
Europe, Middle East, and Africa (EMEA)
Keywords
EthereumCryptocurrencyExchangesWalletsDEXProtocolblockchainDefi
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