FAQs Dao
FAQs Dao
Blog Article
How do DAOs make decisions?
- Through community proposals and token-based voting systems.
- Are DAO votes legally binding?
- It depends on the jurisdiction and the DAO’s legal recognition.
- What is the role of governance tokens?
- They grant voting rights and influence within the DAO.
- Can DAOs function without governance?
- No, governance is essential for decision-making and protocol updates.
- What are some common governance risks?
- Voter apathy, governance attacks, and smart contract vulnerabilities.
Report this page