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For information and learning only. Not investment advice. Crypto assets involve risk.

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Glossary

Terms5 shown

DAOAbbreviation for decentralized autonomous organization, listed in the text as an application scenario for multisignature wallets.
DAO(Decentralized Autonomous Organization)An organization led by its community that uses Ethereum smart contracts to establish basic rules and implement collective decisions.
Decentralized autonomous organization (DAO)A governance structure in which token holders vote on matters such as protocol changes or treasury fund allocation.
Governance tokenDAO A token used by members to vote on protocol changes, system rules, or other proposals.
QuorumDAO The minimum voter participation required before a proposal can receive a valid vote or pass.

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Definition

Quorum

DAO The minimum voter participation required before a proposal can receive a valid vote or pass.

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