The top 10 web3 podcasts featuring industry experts, discussions on blockchain, cryptocurrencies, and decentralized technologies.๐๐ A thread ๐งต
๐๐ก๐ข๐ฅ๐๐ง๐ญ๐ก๐ซ๐จ๐ฉ๐ฒ #DAOs
โ Focuses on supporting social responsibility initiatives
โ Focuses on a shared goal of delivering an impact on the web3 landscape
@biggreen
๐๐ซ๐๐ง๐ญ #DAOs
โต Facilitates nonprofit donations,
โต Deploy capital assets throughout the web3 ecosystem
โต Acts as a charitable extension of a larger project or an entirely separate entity in the DeFi space
@AaveGrants@Meta_Cartel
๐๐ซ๐จ๐ญ๐จ๐๐จ๐ฅ #DAOs
โต Focuses on governance of decentralized protocols
โต Serves as a vital asset for governance of decentralized applications
@MakerDAO@Uniswap@iearnfinance
๐ฆ๐ต๐ฎ๐ฟ๐ฒ-๐ฏ๐ฎ๐๐ฒ๐ฑ ๐บ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐๐ต๐ถ๐ฝ
โค Permission
โค Can join the #DAO membership by offering some value to the organization through tokens or work
โค Shares represent direct voting power and ownership
โค Members can leave at any time with their proportionate share
#NFT
๐ ๐๐น๐๐ถ๐๐ถ๐ด ๐๐ผ๐๐ถ๐ป๐ด #DAO
โค Aims to create a balance between central authority & decentralization
โค DAO members have the power to signal on proposals, while a centralized and predetermined committee executes the vote on the suggested proposal
#dApps#NFT#Ethereum
๐๐ผ๐น๐ผ๐ด๐ฟ๐ฎ๐ฝ๐ต๐ถ๐ฐ ๐ฐ๐ผ๐ป๐๐ฒ๐ป๐๐๐ ๐ฉ๐ผ๐๐ถ๐ป๐ด #DAO
โค Members can predict if a proposal will pass/fail in DAO
โค Members bet on the ones they hope will pass using tokens
โค If the prediction is correct, the predictor receives a reward as tokens & if it fails, lose tokens
๐๐ผ๐ป๐๐ถ๐ฐ๐๐ถ๐ผ๐ป ๐ฉ๐ผ๐๐ถ๐ป๐ด #DAO
โค Based on the communityโs aggregated preference
โค Uses time as a utility
โค Members can vote on different in-progress proposals โค Voters are free to modify their vote at any time
#Crypto#Dapps#NFT
๐ค๐๐ฎ๐ฑ๐ฟ๐ฎ๐๐ถ๐ฐ ๐๐ผ๐๐ถ๐ป๐ด (๐ค๐ฉ) #DAO
โฅ Voters are permitted to purchase tokens to increase their voting power
โฅ The square of a voter's token count enhances their voting power
โฅ Tokens can be used as an alternative to real money when buying votes
#Crypto#Dapps
๐ง๐ผ๐ธ๐ฒ๐ป ๐๐ฎ๐๐ฒ๐ฑ ๐ค๐๐ผ๐ฟ๐๐บ ๐ฉ๐ผ๐๐ถ๐ป๐ด #DAO
โฅ Basic mechanism for decision-making
โฅ Requires a predetermined level of voters to agree upon a proposal for it to pass
โฅ Too high a quorum level stifles the decision-making process
โฅ More tokens, more voting power
๐ง๐ผ๐ธ๐ฒ๐ป-๐ฏ๐ฎ๐๐ฒ๐ฑ ๐บ๐ฒ๐บ๐ฏ๐ฒ๐ฟ๐๐ต๐ถ๐ฝ #DAO
โ Permission-less
โ Members can freely exchange governance tokens
โ Members can acquire tokens through work or liquidity
โ Trading and earning native tokens is also favorable
โ Token holders get voting rights
#NFT#web3