Who's this for?
DAOs
Decentralized Autonomous Organizations (DAOs) are community-owned entities that leverage on-chain voting to make critical decisions. Holders of a DAO's Governance Token can actively contribute by proposing new ideas and participating in votes to influence the direction of the DAO. Agora DAOs, in particular, excel as a choice for community-owned treasuries. Here, community decisions are executed automatically through smart contracts, eliminating the need for trust in a group of administrators or multi-signature signatories to implement chosen actions. This ensures a transparent and trustless governance process for the community.
Defi Protocols
DeFi Protocols can leverage an Agora DAO to make important decisions like spending decisions, and protocol parameter updates. For example, a DeFi Protocol can use an Agora DAO to have a fee-switch that can be toggled on and off via community votes.
Features
Votes Recorded On-Chain
Ensure complete accountability with transparent on-chain voting for Agora DAOs.
Proposals Execute Automatically
Once a decision is made by a community with an Agora DAO, the result is executed automatically via smart-contracts.
Community-Owned Treasury
Agora treasuries require community consent to withdraw assets. Remove the need to trust a group of admins to custody funds.
Permissionless Participation
Any wallet meeting the participation thresholds set by an Agora DAO can participate in governance by creating new proposals and voting on existing ones.
