Decentralised Autonomous Organization. A business model that operates on a series of set parameters, built into the company from inception allowing the company to operate with optional intervention from its creators, but is otherwise self-sufficient and revenue generating in its intended economic climate.
MakerDAO votes to disable Aave DAI deposit to stave off Celsius risks
MakerDAO’s decision is tied to the fact that half of DAI borrowed on Aave was from Celsius, which is currently facing liquidity issues.
TronDAO to initiate a 3 billion withdrawal to guard TRX’s value
The DAO explained that the withdrawal will help "safeguard the overall blockchain industy and crypto market."
TronDAO pulls 2.1B TRX from Binance to ‘safeguard crypto market’ as USDD depegg continues
Justin Sun and Tron DAO have made several efforts to help USDD regain its peg.
DAO votes to give $5M seed money back to YGG openly breaking contract
Merit Circle DAO has voted to return the investment capital from Yield Guild Games. The DAO claims YGG did not offer enough value.
10 DAO tools you should familiarize yourself with
Decentralized Autonomous Organizations, or DAOs, provide a new way of organizing humans by utilizing blockchain technology.
Deus DAO suffers another flash loan exploit, loses over $16M
Deus team has stated that the latest attack did not result in the loss of any of its users’ funds.
Inside one of the world’s biggest DAOs
BitDAO has a treasury of $2.2 billion and we discuss how this money is used on a daily basis
69420 DAO takes a stand against Twitter in the fight for free speech
The DAO's goal is to raise $2 billion to buy Twitter shares, enabling Elon Musk to proxy vote the shares and override censorship on the Twitter platform.