DeFi
Decentralized Autonomous Organization (DAO)
A blockchain-based governance structure where token holders vote on protocol decisions without centralized leadership. Major lending protocols like Aave and MakerDAO are governed by DAOs.
Why Decentralized Autonomous Organization (DAO) Matters
Understanding decentralized autonomous organization (dao) is essential for anyone participating in crypto lending or DeFi markets. This concept directly impacts how you evaluate platforms, manage risk, and optimize returns.
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