Why do DAO Interactions matter?

DAOs don’t live in a bubble! They need to connect with other systems to work. These interactions are about:

  • Making the DAO useful in the real world.
  • Connecting with other digital tools.
  • Keeping the DAO up-to-date.

Key Aspects of DAO Interactions

  • On-chain Interactions:

    • These are actions that happen directly on the blockchain.
    • Smart contract executions: The DAO’s code doing its job.
    • Governance proposals: Voting and making changes on the blockchain.
    • Treasury transactions: Moving funds within the DAO.
    • This is the core of how the DAO operates.

  • Off-chain Interactions:

    • These are actions that happen outside the blockchain.
    • Community discussions: Talking about ideas on forums or chat groups.
    • Off-chain governance: Using tools outside the blockchain for some decisions.
    • Integrations with traditional systems: Connecting the DAO to regular websites or services.
    • This is how the DAO interacts with the wider world.

  • Upgrades and Interoperability:

    • DAOs need to change and grow.
    • Upgrades: Making the DAO’s code better.
    • Interoperability: Making the DAO work with different blockchains and tools.
    • This ensures the DAO stays relevant and useful.