What is Decentralized Autonomous Organization? Top 10 DAO tokens

1 min read | August 18, 2021 01:07 AM PDT | By Team Kalkine Media

For the unacquainted, a decentralized autonomous organization (DAO) is a fully democratized corporation without a chief executive officer or a chief financial offer. DAOs execute all their transactions publicly.

*MKR is the native token of Maker’s decentralized protocol that allows users to trade in DAI stablecoin.

*Dash is a decentralized digital payment project, which provides faster transactions than Bitcoin.

*Synthetix enables its users to exchange ERC-20 tokens through its decentralized trading project.


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