DAO tokens
342 coins #41 Page 3| | Coins | | | ||
|---|---|---|---|---|---|
| | |||||
| | 101 | | $ | +0.15% | |
| | 102 | | $ | +4.31% | |
| | 103 | | $ | +0.71% | |
| | 104 | | $ | -5.00% | |
| | 105 | | $ | +0.18% | |
| | 106 | | $ | -2.25% | |
| | 107 | | $ | +1.54% | |
| | 108 | | $ | -1.08% | |
| | 109 | | $ | -0.59% | |
| | 110 | | $ | +0.60% | |
| | 111 | | $ | -10.35% | |
| | 112 | | $ | -1.18% | |
| | 113 | | $ | +29.42% | |
| | 114 | | $ | -31.70% | |
| | 115 | | $ | -0.22% | |
| | 116 | | $ | +0.00% | |
| | 117 | | $ | +2.16% | |
| | 118 | | $ | +0.79% | |
| | 119 | | $ | -0.85% | |
| | 120 | | $ | +1.23% | |
| | 121 | | $ | +9.81% | |
| | 122 | | $ | +0.20% | |
| | 123 | | $ | -0.19% | |
| | 124 | | $ | +1.57% | |
| | 125 | | $ | -2.35% | |
| | 126 | | $ | +8.74% | |
| | 127 | | $ | +5.07% | |
| | 128 | | $ | -0.66% | |
| | 129 | | $ | -21.13% | |
| | 130 | | $ | -90.58% | |
| | 131 | | $ | +7.21% | |
| | 132 | | $ | +0.00% | |
| | 133 | | $ | +1.51% | |
| | 134 | | $ | +3.01% | |
| | 135 | | $ | -1.15% | |
| | 136 | | $ | +0.00% | |
| | 137 | | $ | +0.00% | |
| | 138 | | $ | --% | |
| | 139 | | $ | --% | |
| | 140 | | $ | --% | |
| | 141 | | $ | --% | |
| | 142 | | $ | --% | |
| | 143 | | $ | --% | |
| | 144 | | $ | --% | |
| | 145 | | $ | --% | |
| | 146 | | $ | --% | |
| | 147 | | $ | --% | |
| | 148 | | $ | --% | |
| | 149 | | $ | --% | |
| | 150 | | $ | --% | |
Trending DAO tokens
| Coins | Price | 24h | |
|---|---|---|---|
| | | $ | +2.80% |
| | | $ | +1.48% |
| | | $ | +2.59% |
| | | $ | +0.44% |
| | | $ | -0.25% |
Top gainers
| Coins | | | |||
|---|---|---|---|---|---|
| | | $ | +63.25% | ||
| | | $ | +9.00% | ||
| | | $ | +5.92% | ||
| | | $ | +3.72% | ||
| | | $ | +2.80% | ||
| All gainers | |||||
What is a DAO token?
A DAO token is an ERC-20 (or equivalent) asset that grants membership, voting power, and/or cash-flow rights in a Decentralised Autonomous Organisation—an on-chain entity run entirely by smart contracts.
Token holders propose and vote on upgrades, budgets, partnerships, or asset allocations; votes are tallied automatically and execution is trust-less.
Treasuries often exceed $1 B (e.g., Uniswap, ENS), making DAO tokens de-facto keys to multi-billion dollar protocols.
Quick Facts
- Purpose: Governance, revenue-share, membership access, or combo (“gov-share”).
- Voting: 1 token = 1 vote (common) or quadratic/delegated (newer DAOs).
- Supply: Fixed, inflationary, or burn-to-vote (e.g., Maker MKR flapper).
- Chains: Ethereum (80 %), but also Polygon, Solana, Cosmos, Stacks.
- Treasury size: Top 20 DAOs manage >$25 B in diversified crypto and stablecoins.
Top DAO Tokens (Live Examples)
| Token | Ticker | DAO / Protocol | 2024 Voting Power Snapshot |
|---|---|---|---|
| Uniswap | UNI | Uniswap DAO | Control 1.8 B UNI treasury, fee-switch, v4 hooks. |
| Maker | MKR | MakerDAO | Set DAI stability fee, surplus burn, collateral onboarding. |
| Aave | AAVE | Aave DAO | Risk params, new-market listings, AAVE v3 upgrades. |
| ENS | ENS | ENS DAO | .eth pricing, treasury grants, root multisig members. |
| Compound | COMP | Compound DAO | Interest-rate models, asset listings, reserve factors. |
| Curve | CRV | Curve DAO | Gauge weights (yield bribes), new pools, CRV inflation. |
| Lido | LDO | Lido DAO | Node-operator set, staking fee, dual-governance veto. |
| dYdX | DYDX | dYdX v3 DAO | Trading rewards, treasury spend, v4 chain migration. |
How It Works
- Acquire DAO token on DEX/CEX or earn via liquidity mining.
- Delegate to yourself or a trusted voter (gas-less on Snapshot).
- Create proposal (off-chain temp-check, then on-chain executable).
- Vote — quorum (e.g., 4 % of supply) and approval % thresholds must be met.
- Timelock executes code automatically after delay (12 h – 7 days).
- Treasury spend or parameter change goes live without human sign-off.
Benefits
- Trust-less governance – no board, no CEO, no jurisdiction veto.
- Transparent treasury – every inflow/outflow on-chain, real-time.
- Token holder alignment – voters directly benefit from protocol growth (fee share, burns).
- Rapid innovation – community can ship features faster than corporate red-tape.
- Global membership – permissionless entry, 24/7 voting, borderless capital raises.
Risks & Trade-offs
- Low voter turnout – <10 % participation common; whales can swing outcomes.
- Plutocracy – richest wallets dominate; quadratic voting still game-able via sybil.
- Legal limbo – regulators may class governance tokens as securities (SEC vs. DAOs).
- Smart-contract bugs – malicious or fat-finger proposals can drain treasury (e.g., BadgerDAO hack).
- Token concentration – founders/VCs often hold >20 %, limiting decentralisation.
- Proposal spam – micro-proposals and voter bribery (gauge wars) add noise.
Final Thoughts
DAO tokens are programmable share certificates for open-source networks: hold them and you become a board-member with veto power over a multi-billion dollar balance sheet.
The upside is radical transparency and fast innovation; the downside is voter apathy and regulatory overhang.
Treat them like early-stage equity: research treasury runway, voter participation, and legal structure before aping—and never vote blindly on 4 a.m. Snapshot polls.