How Does a DAO Structure Influence the Issuance of a New Crypto Derivative?
A DAO structure allows the community to propose, debate, and approve the parameters and smart contracts for a new derivative product. This decentralized vetting process ensures a high degree of community buy-in and scrutiny, potentially leading to a more robust and market-fit design.
The DAO can also allocate treasury funds for initial liquidity provision for the new derivative.