---
title: 🫱🏻‍🫲🏾 DAOs
tags: crypto
description: Decentralized autonomous organizations
---

<h1 style="text-align: center;">🫱🏻‍🫲🏾 DAOs</h1>

<p style="text-align: center;
font-style: italic;">
Decentralized autonomous organizations
</p>

# Snapshot voting

*[snapshot.org](https://snapshot.org)*

## About

#### Overview

- Built by Snapshot Labs
- Off-chain and gasless voting
- Developed in part by the [Balancer](https://docs.google.com/document/u/0/d/18E4I0bEU6A0pewJr5XaTR9ACbAIZz3ZsaljF7y7XhMU/edit) team
- Investors: [Popular DAO Voting Platform Snapshot Labs Raises $4M](https://www.coindesk.com/tech/2021/11/19/popular-dao-voting-platform-snapshot-labs-raises-4m/) *by CoinDesk 2021-11-19*

#### Community and support

- Twitter: [@SnapshotLabs](https://twitter.com/SnapshotLabs)
- Discord: [discord.com/invite/snapshot](https://discord.com/invite/snapshot)
- Updates: [snapshot.mirror.xyz](https://snapshot.mirror.xyz)
- Documentation: [docs.snapshot.org](https://docs.snapshot.org)
- Query data
- [GraphQL API](https://docs.snapshot.org/graphql-api)
- [hub.snapshot.org/graphql](https://hub.snapshot.org/graphql)

## Features

#### Voting types

- *See [Voting systems](https://docs.snapshot.org/proposals/voting-types) by Snapshot*
- Single choice
- Approval
- Ranked choice
- Weighted
- Quadratic
- Individual voters matter more than the individual's voting power.
- Votes can be weighted across multiple choices.
- The amount of votes counted for an individual are the square root of their voting credits.
- E.g.
- 4 voting credits = 2 votes
- 16 voting credits = 4 votes
- Relies on strong sybil resistance to ensure each individual is an actual person.
- *See [Quadratic voting](https://en.wikipedia.org/wiki/Quadratic_voting) by Wikipedia*

#### Voting validation

- Gate voting based on other verifications
- *See [Introducing: Voting Validation](https://snapshot.mirror.xyz/wFAGLoy1EKRFr34wQ8lYdrdcCoENeyrgjyEGl_DPn00) by Snapshot Labs 2022-11-25*

#### Sub-spaces

- Create and link additional spaces for specific use cases.
- *See [docs.snapshot.org/spaces/sub-spaces](https://docs.snapshot.org/spaces/sub-spaces)*

#### On-chain voting

- Powered by StarkNet
- *See [Introducing Snapshot X: our upcoming on-chain voting framework for trustless execution](https://snapshot.mirror.xyz/cUOrwdtEs5PvNh0sqYWWxPjt8GdJWn_Qp3cl7E3_8IU) by Snapshot Labs 2022-01-17*

#### Shielded voting

- Private voting
- [Shielded voting demo](https://snapshot.org/#/pistachiodao.eth/proposal/0xa5077ef17097b1d59304b110337bd1c7ce98d95d3ff81d138c3886a80074b4d9)
- *See [Shielded voting is live!](https://snapshot.mirror.xyz/yGz91njKbw-sXsnAT6RkoMzPwvuddZritz37h1OWO8o) by Snapshot Labs 2022-10-13*

## Opportunities

#### Time power voting

- Reduce the entity token voting power as time elapses.
- This potentially reduces large entities from voting at the very end of an election to attempt to influence the outcome.
- Sub-strategy that can be applied on top of an existing voting strategy
- E.g. Day 0 the entity has 100% voting power, day 14 they have 80% of the voting power
- *See [@adamshurwitz Tweet 2023-07-05](https://twitter.com/adamshurwitz/status/1676687593155571712)*

#### Change fees

- Reduce the entity token voting power when a vote is changed.
- This potentially reduces large entities from voting deceptively by changing their vote multiple times.
- Sub-strategy that can be applied on top of an existing voting strategy
- E.g. Reduce voting power by 15% each time the vote is changed.
- *See [@adamshurwitz Tweet 2023-07-05](https://twitter.com/adamshurwitz/status/1676687595722485760)*

# Collab.Land

*[collab.land](https://www.collab.land/)*

#### About

- Community management tools
- E.g. User verification and token gating on Discord and Telegram

# Research

- [The State of DAOs 2023](https://web3citizen.xyz/) *by Web3 Citizen Guide*

# Related organization types

#### Swiss non-profit

- *See [hackmd.io/@openinfo/swiss-non-profit](https://hackmd.io/@openinfo/swiss-non-profit)*

#### Distributed collective (DISCO)

- Similar to a cooperative organization
- *See [Chris Castig - Co-Founder at Console](https://pca.st/8ftdjr5z) by GRTiQ podcast 2022-10-14*

#### Colorado co-op

- Adopted by Opolis
- Benefits
- Limited liability
- Securities exemption
- Investor class rights
- No industry restrictions
- Resources
- [Employment Commons with John Paller of Opolis | Green Pill #52](https://pca.st/zptlo6us#t=36m) (36:00) *by Green Pill podcast 2022-10-12*
- [co-oplaw.org](https://www.co-oplaw.org/knowledge-base/colorado/): Colorado
- DAO vs DISCO *by [@adamshurwitz Tweet 2022-10-15](https://twitter.com/adamshurwitz/status/1581401854348767233)*

# Fear, uncertainty, and doubt (FUD)

#### Ooki/bZeroX

- Advertising "tokenized margin trading and lending services": [docs.ooki.com](https://docs.ooki.com/)
- Alleged claims by CFTC
- Unincorporated partnership
- Unregistered futures commission merchant (FCM)
- Not decentralized: bZeroX and Ooki DAO are essentially the same organization
- Resources
- [CFTC Wins Lawsuit Against Ooki DAO](https://www.coindesk.com/policy/2023/06/09/cftc-wins-lawsuit-against-ooki-dao/) *by CoinDesk 2023-06-12*
- [Interpreting the CFTC’s Lawsuit Against Ooki DAO](https://www.coindesk.com/policy/2022/09/27/interpreting-the-cftcs-lawsuit-against-ooki-dao/) *by CoinDesk 2022-09-27*
- [CFTC’s Ooki DAO Action Shatters Illusion of Regulator-Proof Protocol](https://www.coindesk.com/policy/2022/09/26/cftcs-ooki-dao-action-shatters-illusion-of-regulator-proof-protocol/) *by Coindesk 2022-09-26*

<p style="text-align: center; font-style: italic">This information is not legal, financial, or technical advice. Always consult a relevant professional and do your own research.</p>