Decentralized autonomous organizations (DAOs) coordinate people and capital using smart contracts instead of executives and boards. Good governance blends three layers: decision-making (who votes and how), execution (how decisions trigger code and payments), and safeguards (how emergencies are handled). In 2025, most serious DAOs combine token or delegated voting with timelocks, multisig treasuries, and optional “security councils”—and many run low-cost,…
