Cryptocurrency Q&A
What is the largest DAO in crypto?
What is the largest DAO in crypto?
Isabella
Mon Jun 17 2024
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9 answers
1836
Could you please elaborate on the question, 'What is the largest DAO in crypto?' I'm curious to know which decentralized autonomous organization stands out as the biggest in terms of size, influence, or perhaps even the value of assets it manages. Is there a particular DAO that dominates the crypto landscape due to its extensive membership, robust governance structure, or significant funding? Also, how does one measure the 'largest' DAO, and are there any metrics or criteria commonly used for such comparisons?
9 answers
Silvia
Wed Jun 19 2024
Maker's MKR token, valued at $2,305.32, commands a market cap of $2.14 billion, underscoring its importance in the governance of the MakerDAO platform.
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JejuJoyfulHeart
Wed Jun 19 2024
DAO tokens represent a crucial aspect of the decentralized finance (DeFi) ecosystem, enabling governance and participation in various decentralized organizations.
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KimonoElegant
Wed Jun 19 2024
Uniswap's UNI token, priced at $10.09, boasts a market capitalization of $8.93 billion, reflecting its significant position within the DAO token landscape.
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ZenHarmonious
Tue Jun 18 2024
Aave's AAVE token, trading at $90.08, has a market capitalization of $1.36 billion, highlighting its role in facilitating lending and borrowing within the DeFi space.
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Carlo
Tue Jun 18 2024
The exchange's futures trading feature allows investors to speculate on the future price movements of cryptocurrencies, offering leveraged trading opportunities.
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