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Related papers: When is a DAO Decentralized?

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Decentralised Autonomous Organisations (DAOs) are a new type of digital organisation that uses blockchain infrastructure (e.g. smart contracts, tokens) to coordinate a group of people around a shared mission. Like all organisations, DAOs…

General Economics · Economics 2024-06-27 Darcy W. E. Allen , Jason Potts , Julian Waters-Lynch , Max Parasol

Decentralized Autonomous Organization (DAO) is very popular in Decentralized Finance (DeFi) applications as it provides a decentralized governance solution through blockchain. We analyze the governance characteristics in the Maker protocol,…

Cryptography and Security · Computer Science 2023-03-24 Xiaotong Sun , Charalampos Stasinakis , Georigios Sermpinis

This paper asks why startups in the blockchain industry are exiting to Decentralized Autonomous Organizations (DAOs), an outstanding phenomena in the wider digital economy which has tended to retain centralized ownership and governance…

General Economics · Economics 2024-07-22 Tara Merk

Decentralized autonomous organizations (DAOs) are designed to disperse control, yet recent evidence shows that effective governance is often concentrated in a small number of participants. This note studies one simple mechanism behind that…

General Economics · Economics 2026-03-13 Guy Tchuente

Decentralized autonomous organizations (DAOs) are emerging innovative organizational structures, enabling collective coordination, and reshaping digital collaboration. Despite the promising and transformative characteristics of DAOs, the…

Computers and Society · Computer Science 2024-06-19 Lukas Küng , George M. Giaglis

Decentralized Autonomous Organization (DAO) provides a decentralized governance solution through blockchain, where decision-making process relies on on-chain voting and follows majority rule. This paper focuses on MakerDAO, and we find…

Social and Information Networks · Computer Science 2023-06-21 Xiaotong Sun , Xi Chen , Charalampos Stasinakis , Georgios Sermpinis

This note and agenda serve as a cause for thought for scholars interested in researching Decentralized Autonomous Organizations (DAOs), addressing both the opportunities and challenges posed by this phenomenon. It covers key aspects of data…

Computers and Society · Computer Science 2023-12-29 Christian Ziegler , Quinn DuPont

We present a study analyzing the voting behavior of contributors, or vested users, in Decentralized Autonomous Organizations (DAOs). We evaluate their involvement in decision-making processes, discovering that in at least 7.54% of all DAOs,…

Social and Information Networks · Computer Science 2025-03-18 Stefan Kitzler , Stefano Balietti , Pietro Saggese , Bernhard Haslhofer , Markus Strohmaier

Decentralized autonomous organizations (DAOs) rely on governance mechanism without centralized leadership. This paper presents an empirical study of user behavior in governance for a variety of DAOs, ranging from DeFi to gaming, using the…

Networking and Internet Architecture · Computer Science 2025-07-29 Burak Arda Okutan , Stefan Schmid , Yvonne-Anne Pignolet

Decentralized autonomous organizations as a new form of online governance arecollections of smart contracts deployed on a blockchain platform that intercede groupsof people. A growing number of Decentralized Autonomous Organization…

Computers and Society · Computer Science 2021-07-30 Elena Baninemeh , Siamak Farshidi , Slinger Jansen

Blockchain technology relies on decentralization to resist faults and attacks while operating without trusted intermediaries. Although industry experts have touted decentralization as central to their promise and disruptive potential, it is…

Cryptography and Security · Computer Science 2025-06-04 Harang Ju , Ehsan Valavi , Madhav Kumar , Sinan Aral

Architectural design contexts contain a set of factors that influence software application development. Among them, organizational design contexts consist of high-level company concerns and how it is structured, for example, stakeholders…

Software Engineering · Computer Science 2023-03-16 Guangsheng Yu , Qin Wang , Tingting Bi , Shiping Chen , Sherry Xu

Decentralization is understood both by professionals in the blockchain industry and general users as a core design goal of permissionless ledgers. However, its meaning is far from universally agreed, and often it is easier to get opinions…

Computers and Society · Computer Science 2026-02-23 Alex Lynham , Geoff Goodell

Recently, many Delegated Proof-of-Stake (DPoS)-based blockchains have been widely used in decentralized applications, such as EOSIO, Tron, and Binance Smart Chain. Compared with traditional PoW-based blockchain systems, these systems…

Networking and Internet Architecture · Computer Science 2022-01-19 Jieli Liu , Weilin Zheng , Dingyuan Lu , Jiajing Wu , Zibin Zheng

Blockchains and distributed ledger technologies allow the operation of manifold decentralised applications (dApps). Such applications are based on smart contracts, a programmable abstraction that is executed in a decentralised manner. To…

Software Engineering · Computer Science 2026-05-22 Fabian Stiehle , Kirill Inozemtsev , Ingo Weber

Decentralized Autonomous Organizations (DAOs) aim to enable participatory governance, but in practice face challenges of voter apathy, concentration of voting power, and misaligned delegation. Existing delegation mechanisms often reinforce…

Cryptography and Security · Computer Science 2026-05-08 Johnnatan Messias , Ayae Ide

Bitcoin introduced delegation of control over a monetary system from a select few to all who participate in that system. This delegation is known as the decentralization of controlling power and is a powerful security mechanism for the…

Computers and Society · Computer Science 2020-09-29 Ashish Rajendra Sai , Jim Buckley , Brian Fitzgerald , Andrew Le Gear

Decentralized Autonomous Organizations (DAOs), utilizing blockchain technology to enable collective governance, are a promising innovation. This research addresses the ongoing query in blockchain governance: How can DAOs optimize human…

General Economics · Economics 2025-08-11 Yulin Liu , Luyao Zhang

Robots are improving their autonomy with minimal human supervision. However, auditable actions, transparent decision processes, and new human-robot interaction models are still missing requirements to achieve extended robot autonomy. To…

Robotics · Computer Science 2026-03-09 Milan Groshev , Eduardo Castelló Ferrer

Decentralized finance, powered by blockchain technology, is growing day by day. This field, which emerged a few years ago, today manages $70 billion in assets. In this study, the concept of decentralized finance is discussed and explained…

General Finance · Quantitative Finance 2023-04-05 Mansur Bestas