DAO (Decentralized Autonomous Organization)
A blockchain-based community that runs itself through smart contracts and collective voting.
A DAO (Decentralized Autonomous Organization) is like a digital company or community —
but instead of a CEO, it’s run by code and community votes on the blockchain.
Every decision — from funding to project updates — is made by token holders,
and smart contracts automatically execute what the group decides.
Why it matters
- Removes the need for traditional managers or intermediaries.
- Promotes transparency — all votes and actions are public on-chain.
- Gives real ownership and control to the community.
Real-world examples
- Uniswap DAO — governs the world’s largest DEX.
- Aave DAO — manages DeFi lending protocol upgrades.
- ENS DAO — runs the Ethereum Name Service project.
💡 Lanzo Tip
Think of a DAO as a crypto co-op —
everyone has a vote, but the rules are written in code.