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What Is a ‘Decentralized Autonomous Organization’ (DAO) and How Does It Relate to Contract Governance?

A community-governed entity that uses smart contracts to manage its rules, including the governance of financial protocols.
Greeks.Live06.11.25

What Is a ‘Decentralized Autonomous Organization’ (DAO) and How Does It Relate to Contract Governance?

A DAO is an organization represented by rules encoded as a transparent computer program, controlled by its members and not influenced by a central government. DAOs often govern DeFi protocols, including the smart contracts that define derivatives.

Members vote on proposals to change contract parameters, such as fees or collateral requirements, allowing for decentralized, community-driven contract governance.

How Does a Decentralized Autonomous Organization (DAO) Structure Attempt to Mitigate Smart Contract Risk?
What Is a “DAO” and How Does It Utilize Smart Contracts for Governance?
How Do Smart Contracts Automate Treasury Management and Capital Allocation in a DAO?
How Does a Decentralized Autonomous Organization (DAO) Use Smart Contracts?

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