Talk:Decentralized autonomous organization

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DAO role in governing

Some think that the application in governance of cities and states will be a growth area. Therefore, I would like to suggest a section for growth or potential applications with activities underway.--Wikipietime (talk) 15:04, 7 August 2017 (UTC)

IF there are sources for it, then sure! Got anything to refer us to? ☆ Bri (talk) 17:13, 7 August 2017 (UTC)

"DeFi" needed

Moot

Section here, or new article, needed on "DeFi" (Decentralized Finance), now frequently cropping up in crypto news. I lack the knowledge to do it. Errantius (talk) 22:22, 18 January 2020 (UTC).

For example. Errantius (talk) 10:42, 2 February 2020 (UTC)

Decentralized finance already exists, and DiFi redirects to it.  — SMcCandlish ☏ ¢ 😼  23:37, 13 March 2021 (UTC)

sourcing problems

Hi, @Geysirhead:, @Enhancement321:, @Manhuichi:, @Midhav Ravindran: and @David Gerard: noting that much of this on this page is not acceptable. We are only using high quality sources on crypto articles, that means wsj, nyt, bloomberg, fortune, wired, etc. We dont use any cryptozines, softpedia, blogs, etc. Much of this content is not notable and thus WP:UNDUE. Thanks! Jtbobwaysf (talk) 09:40, 6 March 2021 (UTC)

I cleaned up a little, others please have a look. @Retimuko: please add to your patrol as well. Thanks Jtbobwaysf (talk) 09:55, 6 March 2021 (UTC)

Oxford English?

Since this article was overwhelmingly written with DMY dates not American MDY dates (and I normalized the few exceptions I found, mostly ISO dates), but was using -ize spellings, I've tagged this as {{Use DMY dates}} and {{Use Oxford English}}, since the latter also uses -ize, and I don't see anything in the material that is an Americanism that would be incompatible with Oxford spelling. Another option would be to declare it American English and change the date format to MDY. But outside of US military topics, it doesn't make much sense to have an American-English article that's in DMY.  — SMcCandlish ☏ ¢ 😼  23:36, 13 March 2021 (UTC)

Shortened list of DAOs

I cut down on the List of DAOs, since it seemed to be a possible hotbed for promotion of non-notable orgs (and was a current hotbed of external links). I also added a comment to not add to the list unless the organization already has a Wikipedia article or there is independent, reliable sourcing of it's status as a DAO (not sure if new editors will know that "independent, reliable" means "high quality sourcing", though).

I'm open to any suggestions / improvement or if anyone sees any changes that could be made. - Whisperjanes (talk) 17:14, 28 July 2021 (UTC)

ENS links don't go to anything that describes ENS

Wasn't sure how to do this correctly but the ENS link in the list of DAOs links to the disambiguation page for ENS but that page doesn't actually list the Ethereum Name System anywhere. Not sure how to mark it or if it was correct to move the link but wanted to make the powers that be aware of the issue. — Preceding unsigned comment added by Daidoji (talk • contribs) 15:32, 22 December 2021 (UTC)

Distributed autonomous organizations?

Should this page also reference the term "Distributed autonomous organizations"? I have seen that term used and wondering if it's a synonym that's in use. Not an expert, so I am asking here. MRubenzahl (talk) 13:14, 17 February 2022 (UTC)

Though it uses a different "d" word, it is referring to the same thing. There is a lot of variation within how DAOs are implemented, but that change in wording does not yet describe any different types of DAO. "Decentralized" is far more common than "distributed", so I am unsure if it is warranted to mention it, but it's not a harm either way. Mewnst (talk) 22:21, 17 February 2022 (UTC)

Non-cryptocurrency applications of the term

This article is exclusively focused on the loose usage as of the label "decentralized autonomous organization/DAO" as a buzzword for distributed computing protocols, giving minimal attention to more conservative (and accurate) definitions of the term as it relates to organizational management theory; that is to say, this article should primarily focus on actual decentralized autonomous organizations and how they are structured, rather than "DAO" as a brand name for venture capitalist firms and the projects in their portfolios. Although these DAO-branded projects are noteworthy in relation to the broader cryptocurrency scheme due to the scale of the ETH hacks noted in the article, this should be documented separately from the organizational model. Ratsoff2u (talk) 23:38, 16 June 2023 (UTC)

Barnbridge DAO Shutdown

I feel like this may be somewhat important, as the SEC shot down Barnbridge DAO out of the sky after deeming their SMART Yield Bonds & Smart Yield Pools as unregistered securities, with the two founders being fined a combined $1.625M, and the entire project being forced to close-up-shop. PowerCarsAreJustLocomotives (talk) 23:57, 21 January 2024 (UTC)

DAO's to add

· Lido DAO – Decentralized liquid staking protocol, managing a significant portion of Ethereum staking.

· Aave DAO – Governance of the Aave DeFi protocol, one of the largest decentralized lending platforms.

· Curve DAO – Governing the Curve Finance decentralized exchange, focusing on stablecoins.

· Compound DAO – Responsible for the governance of Compound, a leading DeFi lending protocol.

· Arbitrum DAO – Governs the Arbitrum layer-2 Ethereum scaling solution.

· Synthetix DAO – Governs the Synthetix protocol, which allows the trading of synthetic assets.

· GnosisDAO – Governs Gnosis Chain, a layer-1 blockchain for decentralized applications.

· ENS DAO (Ethereum Name Service) – Governs the Ethereum Name Service, managing decentralized domain names.

· dYdX DAO – Governs dYdX, a decentralized derivatives exchange.

· Balancer DAO – Governs the Balancer protocol, a decentralized automated market maker (AMM).

NOTE; I intend to add these notable DAOs to the list and will include references; if there are any objections, please provide reasons, otherwise, I will proceed with the additions in 48 hours. Amber hurt (talk) 12:37, 14 October 2024 (UTC)

I have been watching the edits over the past few days and, while I support you bringing this to the talk page it would be better for you to show the references you intend to rely on. If you have reliable-source references, I'd say go ahead and add these now. If not, I think you'll find that your edits will get reverted quickly.

Out of curiosity, do you have any connection to Lido DAO? You seem to have been quite focused on that one. Oblivy (talk) 22:49, 14 October 2024 (UTC)

Lido DAO was first in my list and, as one of the biggest DAOs, I was surprised it was deleted. The DAOs I want to add are the biggest ones in the sector:

LIDO DAO

https://coinpedia.org/price-analysis/ethereum-based-tokens-show-strength-ens-price-surge-while-lido-dao-trying-to-maintain-bullish-streak/

https://cointelegraph.com/learn/what-is-lido-liquidity-for-staked-assets

https://www.forbes.com/sites/tomerniv/2023/08/21/4-liquid-staking-startups-that-are-unlocking-ethereums-potential/

https://www.newsbtc.com/news/ethereum/coinbase-ranks-as-second-largest-eth-staking-entity-as-lidos-dominance-raises-concerns/

https://u.today/lido-dao-ldo-up-8-as-v2-version-goes-live-details

https://coingape.com/markets/lido-dao-price-prediction-can-ldo-reach-5-in-the-coming-months/

https://www.coindesk.com/consensus-magazine/2023/09/28/does-lido-control-too-much-liquid-staking/

https://decrypt.co/150113/lido-finance-dao-mulls-introducing-new-dual-governance-model

https://coinbureau.com/review/lido-finance-review/

Aave DAO

https://coinbureau.com/review/aave-lend/

https://www.thecoinrepublic.com/2024/09/10/aave-dao-introduces-dedicated-etherfi-market-enabling-advanced-defi-strategies/

https://beincrypto.com/aave-launches-fixed-yield-loan/

https://decrypt.co/106325/aave-dao-approves-creating-gho-stablecoin

https://www.coindesk.com/learn/aave-understanding-the-crypto-lending-platform/

https://cointelegraph.com/news/aave-trident-launch-100m-onchain-fixed-yield-loan

https://www.techopedia.com/news/aave-outperforms-defi-blue-chips-with-119-3-yearly-price-increase

https://www.forbes.com/digital-assets/assets/aave-aave/

Curve DAO

https://cryptoslate.com/curve-founders-6-3-million-funding-request-under-fire-for-lacking-clarity/

https://coinmarketcap.com/community/articles/67017b18a3ce4c714b0ecf46/

https://cryptonews.com/news/curve-dao-going-zero-after-blockchain-exploit-ai-crypto-analytics-platform-ypredict-just-raised-32-million-how-does-it-work/

https://www.coindesk.com/markets/2021/06/17/curve-dao-contemplates-its-intellectual-property/

https://cointelegraph.com/news/3-reasons-why-the-price-of-curve-dao-token-crv-tripled-in-a-week

https://cryptonews.com/news/curve-dao-going-zero-after-blockchain-exploit-ai-crypto-analytics-platform-ypredict-just-raised-32-million-how-does-it-work/

Compound DAO

https://cointelegraph.com/news/key-takeaways-golden-boys-attack-compound-dao

https://www.coindesk.com/markets/2024/07/29/comp-down-67-after-supposed-governance-attack-on-compound-dao/

https://decrypt.co/242095/compound-finance-proposal-passes-concerns-over-governance-attack

https://www.theblock.co/post/194801/compound-dao-sued-by-plaintiffs-who-held-only-100-in-comp-tokens

https://dailycoin.com/alleged-compound-finance-attack-puts-dao-governance-models-under-scrutiny/

Arbitrum DAO

https://beincrypto.com/arbitrum-dao-launches-ma-pilot/

https://cointelegraph.com/news/arbitrum-dao-passes-23m-extra-fund-grant-applicants

https://finance.yahoo.com/news/arbitrum-governance-fracas-reopens-why-171904564.html

https://www.theblock.co/post/265789/arbitrum-dao-approves-23-million-backfund-for-projects-that-missed-initial-grant

https://cryptonews.com/news/arbitrum-seeks-dao-approval-for-400-million-gaming-ecosystem-fund/

https://coinmarketcap.com/academy/article/what-is-arbitrum

https://www.newsbtc.com/all/arbitrum-assets-ethereum-arb-down-68-7-months/

https://www.forbes.com/digital-assets/assets/arbitrum-arb/

Synthetix DAO

https://decrypt.co/37011/synthetix-is-now-controlled-by-three-daos

https://www.coindesk.com/business/2024/08/07/synthetix-founder-appears-to-have-sent-portion-of-company-funds-to-beleaguered-ex-treasurer-embercn/

https://www.newsbtc.com/news/synthetix-request-spend-900000-arb-rejected-will-arbitrum-price-recover/

GnosisDAO

https://www.theblock.co/post/295316/gnosis-price-rises-20-following-30-million-token-buyback-proposal-from-thanefield-capital

https://coinbureau.com/review/gnosis-gno/

https://crypto.news/tag/gnosis/

https://decrypt.co/resources/what-is-gnosis-learn-article

ENS DAO

https://coinmarketcap.com/community/articles/65dd978e719e6c58289c779f/

https://finance.yahoo.com/news/ens-airdrop-future-daos-120047662.html

https://cryptoslate.com/ens-dao-considers-proposal-to-auction-10000-eth-for-usdc/

https://dailycoin.com/ens-daos-controversial-buying-gifting-bypass-proposal-sparks-fury-among-ens-community-over-domain-registration-heres-what-happened/

https://www.coindesk.com/markets/2022/02/07/ethereum-name-service-removes-brantly-millegan-as-steward-over-2016-tweet/

https://ca.finance.yahoo.com/news/why-ens-battle-over-eth-215730494.html

https://fortune.com/crypto/2023/02/03/why-ens-and-web3-domain-services-are-a-bright-spot-in-crypto-winter/

https://cointelegraph.com/news/ens-dao-approves-300k-domain-manifold-lawsuit-settlement

dYdX DAO

https://decrypt.co/286222/dydx-launches-trump-prediction-market-perpetuals

https://coinbureau.com/review/dydx/

https://news.bitcoin.com/dydx-chain-unveils-network-fee-distribution-and-usdc-trading-fee-allocation/

https://www.forbes.com/digital-assets/assets/dydx-dydx/

Balancer DAO best article links

https://coinmarketcap.com/community/articles/650c11bb25b0bf4b8271f093/

https://medium.com/balancer-protocol/the-balancer-report-balancers-governance-process-eb5c50266034

https://cointelegraph.com/news/euler-attack-causes-locked-tokens-losses-in-11-defi-protocols-including-balancer Amber hurt (talk) 05:51, 15 October 2024 (UTC)

Thanks for the response. You may find that people who watch blockchain-related pages are quite critical of even major sites like decrypt.co and coindesk (I'm not saying that's right/wrong or good/bad just a fact). I suggest you consider WP:NCRYPTO and Wikipedia:Notability_(cryptocurrencies) which are quite critical of sites like Coindesk, although that deals with notability and not verifiability. I suggest you choose the very best citations you can find and add those. Oblivy (talk) 07:26, 15 October 2024 (UTC)

Thanks, I'll review WP notability guidelines”

Amber hurt (talk) 10:05, 15 October 2024 (UTC)

Oblivy was right. None of these are reliable sources. None of them. Crypto outlets do not have enough of a positive reputation for accuracy and fact checking to be cited for this kind of thing, and routine listings are not useful for demonstrating notability. Info from Yahoo News must come from their own news department to be considered reliable. Most content from Yahoo News is republished from somewhere else, and most of that is not reliable. Please also note that per WP:FORBESCON, Forbes "contributor" content is unreliable, as it is basically a blogging platform with no real editorial oversight. Grayfell (talk) 09:16, 17 October 2024 (UTC)

What I don’t understand is why Cointelegraph and Coindesk are considered reliable in other articles, but not here. In fact, Cointelegraph and Coindesk are the largest and most reputable crypto news outlets out there. Amber hurt (talk) 09:39, 17 October 2024 (UTC)

Check out this one, mentioning BitDAO: BloombergLaw Light Jagami (talk) 09:51, 17 October 2024 (UTC) ( Blocked sockpuppet of Lustigermutiger21, see investigation)

I made a distinction in my comment about notability vs verifiability. WP:COINDESK says to disregard its articles for purposes of notability but there is no clear consensus, as far as I know, that says Coindesk is unreliable for all purposes.

I do think there is a basis to distinguish the quality reportage that Coindesk and decrypt.io sometimes publish, on the one hand, from some of their other articles that lack editorial independence. As noted above, we do this for Forbes. As @Grayfell's comment illustrates, feelings about these sources run strong, and I'm not really sure what would be required to correct course. Oblivy (talk) 10:03, 17 October 2024 (UTC)

The Bloomberg Law article mentions BitDAO once, in parenthesis, as a passing mention. This makes it very poor for demonstrating notability.

CoinDesk is tagged as 'generally unreliable', and CoinDesk is supposed to be one of the 'best' of the bunch. It's not unreliable for all purposes, but it is unreliable for most purposes. WP:CONTEXTMATTERS, but the many many discussions of crypto outlets on WP:RSN and similar have not been kind to the cryptocurrency niche. There are just too many red flags, too much conflict-of-interest hijinks, and too much hype and churnalism for these outlets to be useful or trustworthy. Whenever I find content that is solely supported by CoinDesk, I usually remove it.

To put it another way, when articles cite CoinDesk, that is a problem that needs to be fixed, not an excuse to add more of the same. Grayfell (talk) 19:22, 17 October 2024 (UTC)