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DAO treasuries surged 40X in 2021: DeepDAO


The whole mixed worth of treasuries, or property beneath administration (AUM) for the usage of decentralized autonomous organizations, elevated by round 40 occasions between January and September of 2021.

In line with information from DAO stats platform DeepDAO, the overall AUM for DAO treasuries listed on the platform elevated from round $380 million in January to a peak of roughly $16 billion in mid-September.

As of mid-December, the overall AUM has decreased by 28.1% for the reason that excessive water mark to sit down at $11.5 billion, dropping a hefty $3.6 billion over the previous 30 days alone.

Consumer participation in DAOs has surged as nicely all through 2021, with the overall DAO members and token hodlers tallying in at round 1.3 million in December, marking a 130x improve for the reason that begin of the 12 months.

DeepDAO ranks the DAOs for decentralized trade (DEX) Uniswap, the final objective BitDAO, and decentralized finance staking platform Lido Finance as the highest three by way of complete treasury worth at $2.9 billion, $2.4 billion and $602 million apiece.

The Uniswap DAO has roughly 275,000 members that may vote on the venture’s roadmap and keep governance over the DEX. Uniswap has been the dominant DEX all through 2021, pulling in additional buying and selling quantity than all the different DEXs mixed in accordance with Dune Analytics information.

The Lido DAO governs its platform, and customers are granted governance rights through the Ethereum-based LDO token. Lido Finance has additionally exploded in 2021, with the platform’s complete worth locked rising from $12.5 million at the beginning of January to a whopping $11.68 billion in late December. In line with information from DeFiLlama, Lido Finance at the moment sits because the sixth-highest ranked DeFi platform by way of TVL.

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BitDAO is concentrated on supporting decentralized tasks throughout any blockchain which can be voted on by BIT token holders.

The DAO has round 10,000 members and focuses on proposals referring to direct partnerships or swaps with tasks, and enlargement alternatives such because the launching of autonomous artist guilds, farming cooperatives and ecosystem funds.