{"id":118,"date":"2026-07-08T18:08:05","date_gmt":"2026-07-08T17:08:05","guid":{"rendered":"https:\/\/bitadvent.com\/what-is-a-dao\/"},"modified":"2026-07-08T21:33:43","modified_gmt":"2026-07-08T20:33:43","slug":"what-is-a-dao","status":"publish","type":"post","link":"https:\/\/bitadvent.com\/fr\/what-is-a-dao\/","title":{"rendered":"What Is a DAO?"},"content":{"rendered":"<p>DAO stands for <strong>Decentralised Autonomous Organisation<\/strong> \u2014 a group that coordinates through rules written in smart contracts and decisions made by its members, rather than a chief executive and a boardroom.<\/p>\n<h2>How a DAO works<\/h2>\n<p>Members typically hold a governance token, and that token is used to vote on proposals \u2014 anything from changing a protocol&rsquo;s fees to spending money from a shared treasury. Votes and the treasury live on-chain, so the rules are transparent and enforced automatically by code rather than by trust in a manager.<\/p>\n<h2>What they are used for<\/h2>\n<p>Many of the biggest DeFi protocols, such as Uniswap and Aave, are governed by DAOs. Others act as investment clubs, grant funds, or communities pooling money toward a shared goal. The common thread is collective, on-chain ownership.<\/p>\n<h2>The limitations<\/h2>\n<p>DAOs are still an experiment. Voter turnout is often low, large holders (&ldquo;whales&rdquo;) can dominate decisions, smart-contract bugs can be catastrophic, and the legal status of a DAO is unclear in most countries. They are a genuinely new way to organise \u2014 powerful in theory, and still maturing in practice.<\/p>\n<p>Browse more definitions in our <a href=\"\/glossary\/\">crypto glossary<\/a>. Not financial advice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A DAO is an organisation run by code and token-holder votes instead of a central boss. Here is how they work and where they fall short.<\/p>\n","protected":false},"author":4,"featured_media":153,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guides"],"_links":{"self":[{"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/posts\/118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/comments?post=118"}],"version-history":[{"count":1,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/posts\/118\/revisions"}],"predecessor-version":[{"id":169,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/posts\/118\/revisions\/169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/media\/153"}],"wp:attachment":[{"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/media?parent=118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/categories?post=118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitadvent.com\/fr\/wp-json\/wp\/v2\/tags?post=118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}