DAOs are the governing bodies that are associated with and are also tasked with ensuring the long term success of the project they support. This task is no small feat either, as DAOs conservatively oversee more than $480 million dollars and billions when it comes to treasuries.
And recently BitDAO has become the largest DAO-run treasurey in the market, climbing above UniSwap, according to DeepDAO analytics. This great news since BitDAO is investing millions into the DeFi space and it looks to be leading DeFi this year into new territory.
I’m looking forward to seeing what BitDAO does for the space, what do you think?