State of the DAOs — June 6th

3 min readJun 6, 2023

While the treasury volume and membership dropped, active membership jumped over 10% after being steady for months. This may be a sign that DAOs are maturing. Speaking of, DAOs getting serious about their long-term sustainability should check out the recording of yesterday’s DAO Talk about Legal Structures for DAOs.

DAO News

ApeDAO has a proposal to airdrop 10,000 APE to about 200 contributors to its governance in the DAO’s first year of operations.

Decentraland DAO has passed a proposal to systematize its treasury governance for the sake of long-term treasury health.

Uniswap DAO’s community narrowly (45.32% NO vs. 42.34% YES) voted against implementing protocol fees for v3 of its AMM, mostly because of concerns about taxation.

Linea Voyage is a 9-week challenge meant to stress-test the Linea L2 network prior to its launch.

MakerDAO’s Core Artificial Intelligence System (CAIS) is a go, with the community voting to release 100,000 DAI to fund it. Maker’s community also voted in a mechanism to purchase up to $1.28B of US Treasuries.

LIDO DAO approved 230,000 LDO and 50,000 DAI to fund LEGO’s Community Lifeguards Initiative Pilot.

DAO Proposals

No high-importance proposals yet again, while 33 of low and 12 of medium-importance ones. Bancor’s community is especially active this week.