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#JoinDAOs
It's been 1 month since I joined @iearnfinance and in this time I've got some people asking me:
What is it like joining a DAO?
What is it like working at Yearn?
I feel like I can write some initial thoughts on this!
What are DAOs: my experience in $YFI DAO
🧵👇
It's been 1 month since I joined @iearnfinance and in this time I've got some people asking me:
What is it like joining a DAO?
What is it like working at Yearn?
I feel like I can write some initial thoughts on this!
What are DAOs: my experience in $YFI DAO
🧵👇
Decentralized Autonomous Organizations (DAO) are
👉 Organization: means it's more than 1 person
👉 Autonomous: means it doesn't depend on external organizations
👉 Decentralized: means that it opts for using tools that decentralizes power
👉 Organization: means it's more than 1 person
👉 Autonomous: means it doesn't depend on external organizations
👉 Decentralized: means that it opts for using tools that decentralizes power
DAOs often decentralize decision-making to community token-holders.
The one I joined and will 🧵 about is @iearnfinance which is "a radical experiment in decentralization" 💙
There are many different kinds of DAO. @cryptouf has written about this: mirror.xyz/cryptouf.eth/i…
The one I joined and will 🧵 about is @iearnfinance which is "a radical experiment in decentralization" 💙
There are many different kinds of DAO. @cryptouf has written about this: mirror.xyz/cryptouf.eth/i…
