DeFi Development Services Posted August 2, 2022 Report Share Posted August 2, 2022 When it comes to ‘How does DAO governance work’, not everyone is aware of this concept. The team members of the community leverage smart contracts for setting up rules of DAO on a blockchain that are publicly verifiable, visible, and auditable. As these rules are written into the blockchain, DAO operates on bestowing governance and getting funds. DAO sells and issues tokens for raising funds and further filling the DAO treasury. Individuals who purchase tokens get to enjoy voting rights in exchange. Once the funding is completed, DAO is all set for its deployment stage. As the code gets into the production phase, no one can make any changes or alterations except in the case of member voting. Check Out For More Detail: https://www.antiersolutions.com/dao-development-company/ Schedule A Free Demo Phone: +91 987 83 62625Email: [email protected] Quote Link to comment Share on other sites More sharing options...
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