Moloch is a simple, open-source DAO framework. Its simplicity is important for 3 reasons:
- Security (less code, less bugs)
- Usability (complex tech but easiest to understand and use)
- Extensibility (the ability to extend its functionality to meet evolving community needs).
Moloch was popularized due to its Minimum Viable DAO design and the advent of “ragequit” - a means for members to exit the DAO by exchanging their shares for a pro-rata claim on the treasury's assets.
The TL;DR of Moloch V2 is that it allows for an optimized treasury and new Proposal Types. Moloch V2 can hold a variety of ERC20 tokens, and allows for anyone (including those without shares) to make a proposal to the DAO.