Core DAO Concepts
- DAO (Decentralized Autonomous Organization): An organization governed by smart contracts.
- Smart Contract: Self-executing code on a blockchain.
- Governance: The process of making decisions in a DAO.
- Proposal: A suggestion for action within a DAO.
- Voting: The process of making decisions in a DAO.
- Tokenomics: The economics of a token, including its creation, distribution, and utility.
- Token: A digital asset built on an existing blockchain.
- Utility Token: A token with specific use cases within a platform.
- Governance Token: A token that grants voting rights in a DAO.
- Staking: Locking up tokens to support network operations.
DAO Governance
- On-Chain Governance: Governance decisions recorded on the blockchain.
- Off-Chain Governance: Governance decisions made outside the blockchain.
- Quorum: The minimum number of votes required for a decision.
- Delegation: Assigning voting power to another address.
- Snapshot: A tool for off-chain voting.
- Multisig (Multi-Signature): Requiring multiple signatures to authorize a transaction.
- Voting Power: The influence a token holder has in governance.
- Proposal Threshold: The minimum number of tokens required to submit a proposal.
- Voting Period: The time frame for voting on a proposal.
- Execution: The process of implementing a passed proposal.
DAO Types
- Protocol DAO: A DAO governing a blockchain protocol.
- Investment DAO: A DAO focused on investing in projects.
- Grant DAO: A DAO distributing funds to projects.
- Social DAO: A DAO focused on community and social activities.
- Collector DAO: A DAO collecting and managing assets like NFTs.
- Service DAO: A DAO providing services to other organizations.
- Media DAO: A DAO focused on content creation and distribution.
- Gaming DAO: A DAO governing blockchain-based games.
- Metaverse DAO: A DAO managing virtual worlds.
- Charity DAO: A DAO focused on philanthropic activities.
DAO Tools and Platforms
- Aragon: A platform for creating and managing DAOs.
- DAOstack: A framework for decentralized governance.
- Colony: A platform for decentralized organizations.
- Snapshot: A tool for off-chain voting.
- Gnosis Safe: A multisig wallet for DAOs.
- Tally: A governance dashboard for DAOs.
- Boardroom: A platform for managing DAO governance.
- Mirror: A platform for DAO publishing and fundraising.
- Coordinape: A tool for decentralized compensation.
- SourceCred: A tool for tracking contributions in DAOs.
DAO Economics
- Treasury: The funds managed by a DAO.
- Funding Proposal: A proposal to allocate funds from the treasury.
- Budgeting: Allocating funds for specific purposes.
- Revenue Sharing: Distributing profits among DAO members.
- Token Distribution: Allocating tokens to members and stakeholders.
- Inflationary Token: A token with an increasing supply over time.
- Deflationary Token: A token with a decreasing supply over time.
- Token Burn: Permanently removing tokens from circulation.
- Staking Rewards: Earnings from staking tokens.
- Yield Farming: Earning rewards by providing liquidity.
DAO Security
- Smart Contract Audit: Reviewing smart contracts for security.
- Bug Bounty: Rewards for finding vulnerabilities in DAO code.
- Governance Attack: Exploiting governance mechanisms for malicious purposes.
- Sybil Attack: Creating fake identities to influence governance.
- Whitelisting: Allowing only specific addresses to participate in governance.
- Blacklisting: Preventing specific addresses from participating in governance.
- Emergency Proposal: A proposal to address urgent issues.
- Pause Function: A mechanism to halt DAO operations in case of an emergency.
- Upgradeability: The ability to update DAO smart contracts.
- Decentralization: Distributing control away from a central authority.
DAO Applications
- DeFi (Decentralized Finance): Financial services governed by DAOs.
- NFT Marketplace: A platform for buying/selling NFTs governed by a DAO.
- Lending Platform: A platform for borrowing/lending cryptocurrencies governed by a DAO.
- Stablecoin Issuer: An entity issuing stablecoins governed by a DAO.
- Gaming Platform: A platform for blockchain-based games governed by a DAO.
- Metaverse Platform: A platform for virtual worlds governed by a DAO.
- Oracle Network: A network providing external data to smart contracts governed by a DAO.
- Cross-Chain: Interoperability between different blockchains governed by a DAO.
- Bridging: Transferring assets between blockchains governed by a DAO.
- Tokenization: Converting assets into digital tokens governed by a DAO.
DAO Trends
- Web3: A vision for a decentralized internet powered by DAOs.
- Metaverse: Virtual worlds governed by DAOs.
- CBDC (Central Bank Digital Currency): Government-issued digital currency governed by a DAO.
- Green Crypto: Environmentally friendly cryptocurrencies governed by a DAO.
- Layer 2: Solutions built on top of Layer 1 to improve scalability governed by a DAO.
- Interoperability: Connecting different blockchain networks governed by a DAO.
- Regulation: Legal frameworks for blockchain and crypto governed by a DAO.
- AI in Crypto: Using artificial intelligence in blockchain applications governed by a DAO.
- Quantum Computing: Advanced computing for crypto security governed by a DAO.
- Tokenization: Converting assets into digital tokens governed by a DAO.
DAO Tools and Platforms
- Metamask: A popular crypto wallet and browser extension.
- Truffle: A development framework for Ethereum.
- Hardhat: A tool for Ethereum development and testing.
- OpenZeppelin: A library for secure smart contract development.
- Chainlink: A decentralized oracle network.
- Polkadot: A platform for interoperable blockchains.
- IPFS (InterPlanetary File System): A decentralized file storage system.
- Ethereum Virtual Machine (EVM): A runtime environment for smart contracts.
- Solidity: A programming language for Ethereum smart contracts.
- Web3.js: A JavaScript library for interacting with Ethereum.
DAO Research and Education
- Whitepaper: A document outlining the details of a DAO.
- Roadmap: A plan for the development of a DAO.
- Tokenomics Paper: A document explaining the economics of a token.
- DAO Conference: Events like DAO Summit and DAO Day.
- DAO Blog: Websites providing news and analysis on DAOs.
- DAO Podcast: Audio programs discussing DAO topics.
- DAO YouTube Channel: Video content on DAOs.
- DAO Course: Educational programs on DAOs.
- DAO Community: Online forums and social media groups.
- DAO Glossary: A list of terms and definitions related to DAOs.