What is DAO Governance?

December 3, 2022
Posted in Resources
December 3, 2022 TheLDao

What is DAO Governance?

A DAO’s governance model is the system by which it makes decisions. This could be as simple as a democratic vote or as complex as a multi-stage decision-making process involving input from various stakeholders.

A few key things to remember regarding DAO governance models:

  • First, the governance model should be designed to reflect the organization’s values and goals.
  • Ensuring that everyone with a stake in the DAO has a say in its run is important.
  • The governance model should be fair and transparent so everyone knows what’s going on and why decisions are being made.