DAOs
At its simplest, a decentralized autonomous organization (DAO) is a community with a shared bank account. Members of the DAO make decisions in a transparent and decentralized fashion, with smart contracts executing these decisions.
For instance, a member can create a proposal suggesting an investment of the treasury or a program upgrade. The DAO members then come together to vote on the proposal. If a predefined quorum votes for the proposal to pass, the proposal is accepted and and executed by a smart contract.
As a result, the DAO structure provides a “flat” organizational structure. Each DAO member has a voice in the community and the opportunity to drive the direction of the organization.
Where to find them?
DAOs are displayed upon visiting Realms and can primarily be filtered by the search bar and searching for the DAO you wish to visit.
You can access a DAO directly via a link that includes domain name (e.g., https://app.realms.today/dao/MNDE (opens in a new tab)). Custom domain names for spaces are also supported (bonkedao.com, dao.realms.today/Deanslist).
Proposal Filtering & Sorting
Users can go through all of DAO proposals and turn on/off specific filters to them, including completed, canceled, and defeated proposals.
Joining a DAO
Users can join a DAO by simply hitting the Deposit
button.
DAO Landing Page
Users when landing in their preferred DAO page will able to see straight away:
- Token Stats
- Members
- Params (DAO Config)
- DAO Owned NFTs
- DAO Wallets & Assets (Treasury)
- Programs (Programs that involve dApp /\ Realms interactions)
- Proposals
Users who have their Solana wallet connected will be able to see their governance power where they can Deposit
, Withdraw
, Delegate
& Lock Tokens
.
Token Stats are only available for DAOs with VSR (Voter Stake Registry) enabled.