DeFi Intel

What is DAO?

Plain-English explainer · Updated 2026-05-03 · By DeFi Intel

Last reviewed 2026-05-03

Used by: Lido, Kelp DAO, Curve Finance, Kelp Dao, Arbitrum DAO

Entity coverage: 19 protocols, 0 tokens, 0 chains reference this concept.

A DAO is an organization whose rules and treasury are encoded in smart contracts and governed by token holders. Major DAOs: Uniswap, Aave, MakerDAO/Sky, Arbitrum, Optimism, ENS, Lido. Tools: Snapshot (off-chain voting), Tally, Aragon, Safe.

How it works

A DAO is an organization whose rules and treasury are encoded in smart contracts and governed by token holders. Major DAOs: Uniswap, Aave, MakerDAO/Sky, Arbitrum, Optimism, ENS, Lido. Tools: Snapshot (off-chain voting), Tally, Aragon, Safe.

For deeper protocol-level mechanics, see the related glossary terms below or the linked DeFi Intel topic deep-dive.

Why it matters

DAOs let token holders coordinate billion-dollar treasuries and parameter decisions without a corporate hierarchy. They are the experimental form of digital-native organizations.

Real-world examples

Uniswap, Aave, MakerDAO/Sky, Optimism Collective, Arbitrum DAO, ENS DAO, Lido DAO, Compound, Gitcoin.

Related terms

Go deeper

Read the full DeFi Intel topic deep-dive or browse the complete crypto glossary.

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