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Can an Oracle Be a Decentralized Autonomous Organization (DAO)?

Yes, a DAO can govern an oracle's parameters, enhancing decentralization and dispute resolution through token holder votes.
Greeks.Live05.11.25

Can an Oracle Be a Decentralized Autonomous Organization (DAO)?

Yes, an oracle can be governed by a DAO. In this model, the community of token holders votes on key parameters, such as which data sources to use, how to aggregate data, and how to resolve disputes.

The DAO structure enhances the oracle's decentralization and censorship resistance, as no single entity controls the data source or its verification process.

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