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Decentralized Autonomous Organizations (DAOs) use smart contracts to foster communities working toward common goals. Existing definitions of decentralization, however -- the 'D' in DAO -- fall short of capturing the key properties…

Multiagent Systems · Computer Science 2025-09-29 Andrés Fábrega , Amy Zhao , Jay Yu , James Austgen , Sarah Allen , Kushal Babel , Mahimna Kelkar , Ari Juels

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

This paper introduces a structured approach to improving decision making in Decentralized Autonomous Organizations (DAO) through the integration of the Question-Option-Criteria (QOC) model and AI agents. We outline a stepwise governance…

Cryptography and Security · Computer Science 2025-11-13 Marc Jansen , Christophe Verdot

Currently, the advantages of decentralization through blockchain technology in the financial sector are actively discussed. In this article, we investigate the decentralization in the governance of Decentralized Autonomous Organizations…

General Finance · Quantitative Finance 2023-11-07 Kirill Kolmykov

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

We propose DAO-enabled decentralized physical AI (DePAI), a democratic architecture for coordinating humans and autonomous machines in the operation and governance of physical-digital systems. We (1) synthesize foundations in blockchains,…

Multiagent Systems · Computer Science 2026-05-07 Mark C. Ballandies , Florian Spychiger , Uwe Serdült , Claudio J. Tessone

We study binary decision-making in governance councils of Decentralized Autonomous Organizations (DAOs), where experts choose between two alternatives on behalf of the organization. We introduce an information structure model for such…

Computer Science and Game Theory · Computer Science 2026-04-14 Nuno Braz , Miguel Correia , Diogo Poças

We examine vote delegation when preferences of agents are private information. One group of agents (delegators) does not want to participate in voting and abstains under conventional voting or can delegate its votes to the other group…

Computer Science and Game Theory · Computer Science 2021-10-26 Hans Gersbach , Akaki Mamageishvili , Manvir Schneider

Decentralized Autonomous Organizations (DAOs) are blockchain-based organizations that facilitate decentralized governance. Today, DAOs not only hold billions of dollars in their treasury but also govern many of the most popular…

Cryptography and Security · Computer Science 2024-08-08 Rainer Feichtinger , Robin Fritsch , Lioba Heimbach , Yann Vonlanthen , Roger Wattenhofer

Blockchain-based systems are frequently governed through tokens that grant their holders voting rights over core protocol functions and funds. The centralisation occurring in Decentralised Finance (DeFi) protocols' token-based voting…

Computational Engineering, Finance, and Science · Computer Science 2025-02-04 Thomas Eisermann , Carlo Campajola , Claudio J. Tessone , Andreia Sofia Teixeira

With advancements in distributed ledger technologies and smart contracts, tokenized voting rights gained prominence within Decentralized Finance (DeFi). Voting rights tokens (aka. governance tokens) are fungible tokens that grant individual…

Cryptography and Security · Computer Science 2025-10-01 Joaquin Delgado Fernandez , Tom Barbereau , Orestis Papageorgiou

Decentralized Autonomous Organizations (DAOs) have seen exponential growth and interest due to their potential to redefine organizational structure and governance. Despite this, there is a discrepancy between the ideals of autonomy and…

Human-Computer Interaction · Computer Science 2024-04-18 Henrik Axelsen , Johannes Rude Jensen , Omri Ross

Many settings of interest involving humans and machines -- from virtual personal assistants to autonomous vehicles -- can naturally be modelled as principals (humans) delegating to agents (machines), which then interact with each other on…

Computer Science and Game Theory · Computer Science 2024-08-07 Oliver Sourbut , Lewis Hammond , Harriet Wood

This paper investigates which alternative benefits from vote delegation in binary collective decisions within blockchains. We begin by examining two extreme cases of voting weight distributions: Equal-Weight (EW), where each voter has equal…

Computer Science and Game Theory · Computer Science 2025-07-30 Hans Gersbach , Manvir Schneider , Parnian Shahkar

Liquid democracy is a form of transitive delegative democracy that has received a flurry of scholarly attention from the computer science community in recent years. In its simplest form, every agent starts with one vote and may have other…

Multiagent Systems · Computer Science 2022-06-14 Brian Brubach , Audrey Ballarin , Heeba Nazeer

A decentralised organisation (DO) is a multi-stakeholder institution where decision making is assigned to various levels of the organisation. Decentralised stakeholders play an important role in the governance of a decentralised…

Cryptography and Security · Computer Science 2023-04-24 Sarad Venugopalan , Heiko Aydt

Decentralized Autonomous Organizations (DAOs) are attracting interdisciplinary interest, particularly in business, economics, and computer science. However, much like the parable of the blind men and the elephant, where each observer…

Distributed, Parallel, and Cluster Computing · Computer Science 2025-06-26 Giorgia Sampò , Oliver Baumann , Marco Peressotti

Decentralized Autonomous Organization (DAO) is an organization constructed by automatically executed rules such as via smart contracts, holding features of the permissionless committee, transparent proposals, and fair contribution by…

Cryptography and Security · Computer Science 2023-05-22 Qin Wang , Guangsheng Yu , Yilin Sai , Caijun Sun , Lam Duc Nguyen , Sherry Xu , Shiping Chen

We study vote delegation with "well-behaving" and "misbehaving" agents and compare it with conventional voting. Typical examples for vote delegation are validation or governance tasks on blockchains. There is a majority of well-behaving…

Computer Science and Game Theory · Computer Science 2021-05-18 Hans Gersbach , Akaki Mamageishvili , Manvir Schneider

We study elections where voters are faced with the challenge of expressing preferences over an extreme number of issues under consideration. This is largely motivated by emerging blockchain governance systems, which include voters with…

Computer Science and Game Theory · Computer Science 2024-05-15 Georgios Amanatidis , Aris Filos-Ratsikas , Philip Lazos , Evangelos Markakis , Georgios Papasotiropoulos