Why does DAO Design matter?
Think of DAO design as the blueprint for a building. A good blueprint makes the building strong and useful. Similarly, a well-designed DAO:
- Makes sure everyone knows the DAO’s purpose.
- Helps the DAO run smoothly and fairly.
- Protects the DAO from problems.
Key Aspects of DAO Design
Defining DAO Objectives:
- What is the main goal of the DAO? (e.g., funding projects, managing software, investing)
- What problems does it solve?
- Having clear goals helps everyone stay focused.
Governance Architectures:
- How are decisions made? (e.g., voting with tokens)
- Who gets to vote?
- Can people delegate their votes to others?
- This is about creating a fair way to make choices.
DAO Models:
- Different DAOs have different production needs. To meet those needs you can use:
- Industry Standards: Using pre-made, widely-accepted and complete templates or frameworks.
- Utility Libraries: Utilizing pre-built and separated code components or modules.
- Custom-Built DAOs: Creating a DAO from the ground up, tailored to specific needs.
- Different DAOs have different production needs. To meet those needs you can use:
SubDAOs:
- Imagine a big company with smaller teams. SubDAOs are like those teams.
- They let a large DAO break into smaller, specialized groups.
- This helps the DAO handle more tasks and grow bigger.