How Can a DAO Mitigate Smart Contract Risk for a Stablecoin Protocol?

A DAO can mitigate smart contract risk through several measures. These include mandating multiple, independent security audits by reputable firms before deployment.

They can also implement bug bounty programs to incentivize white-hat hackers to find vulnerabilities. Furthermore, they can utilize time-locks and multi-signature wallets for critical protocol changes, giving the community time to react to malicious proposals or exploits.