Social Rules for DAOs
Blog iconAlisha.eth
Jul 27
A DAO, in its purist form, is a collective group of tokenholders who use tokens to interact with a smart contract that controls a protocol and/or treasury. The most common way for tokenholders to interact with smart contracts governed by the DAO is by voting on on-chain proposals. From an operational standpoint, DAOs require human input to prepare and advance executable proposals that can be voted on and executed in a trustless way. Proposals are not prepared in a vacuum — instead, DAOs rely ...

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