The full mixed worth of treasuries, or property beneath administration (AUM) for the usage of decentralized autonomous organizations, elevated by round 40 instances between January and September of 2021.
Based on data from DAO stats platform DeepDAO, the full AUM for DAO treasuries listed on the platform elevated from round $380 million in January to a peak of roughly $16 billion in mid-September.
Wanting forward at 2022:
✍️How far and the way deep will DAOs go into the mainstream, and into which use circumstances?
✍️(When) will DAO treasuries exceed $100B?
Numerous attention-grabbing questions, however collectively we will BUIDL this! pic.twitter.com/JDEC9JBuHC
— DeepDAO.io (@DeepDAO_io) December 30, 2021
As of mid-December, the full AUM has decreased by 28.1% because the excessive water mark to take a seat at $11.5 billion, dropping a hefty $3.6 billion over the previous 30 days alone.
Consumer participation in DAOs has surged as effectively all through 2021, with the full DAO members and token hodlers tallying in at round 1.3 million in December, marking a 130x enhance because the begin of the yr.
DeepDAO ranks the DAOs for decentralized exchange (DEX) Uniswap, the overall goal BitDAO, and decentralized finance staking platform Lido Finance as the highest three by way of complete treasury worth at $2.9 billion, $2.4 billion and $602 million apiece.
The Uniswap DAO has roughly 275,000 members that may vote on the challenge’s roadmap and preserve governance over the DEX. Uniswap has been the dominant DEX all through 2021, pulling in additional buying and selling quantity than the entire different DEXs mixed in keeping with Dune Analytics information.
The Lido DAO governs its platform, and customers are granted governance rights by way of the Ethereum-based LDO token. Lido Finance has additionally exploded in 2021, with the platform’s complete worth locked rising from $12.5 million initially of January to a whopping $11.68 billion in late December. Based on information from DeFiLlama, Lido Finance presently sits because the sixth-highest ranked DeFi platform by way of TVL.
BitDAO is targeted on supporting decentralized projects throughout any blockchain which are voted on by BIT token holders.
The DAO has round 10,000 members and focuses on proposals regarding direct partnerships or swaps with initiatives, and growth alternatives such because the launching of autonomous artist guilds, farming cooperatives and ecosystem funds.
DAOs have gotten the digital native dream of the way forward for work
A world motion that’s amassing copious quantity of capital and has was a strong expertise magnet offering different to huge tech https://t.co/0LxGnRziYN
— DeepDAO.io (@DeepDAO_io) December 28, 2021