What Is An Example Of A Dao?

An example of a DAO is The DAO, a decentralized autonomous organization that uses blockchain technology for governance and decision-making.

How Do Daos Make Money?

DAOs make money by raising capital through fiat-to-token trading. The native token represents ownership and voting power. Successful DAOs increase the native token's value.

Is Ethereum Considered A Dao?

Ethereum isn't a DAO. The DAO was a separate entity on the Ethereum blockchain.

A DAO is a decentralized autonomous organization, providing distributed decision-making and community-driven governance. DeFi offers easily accessible and potentially lucrative financial services.