Governance
Last updated
Last updated
Governance is the backbone of any DAO. Decision-making, voting, and decision enforcement can be made on-chain by Governance DAO Tools. When setting up your DAO, you can choose the governance method you want. Governance DAO tools allow DAOs to set up a fully functional on-chain governance platform without writing code.
These tools allow DAO administrators to set up their governance method according to their needs. They handle all the on-chain and off-chain parameters of your DAO. You can use the platform of the tool to set your DAO up. This process is usually filling out some forms about what your DAO is, the governance token you use, and the governance rules you want. Then your members can start using the web app to participate in your DAO. These tools are very easy to set up but they can be limited in terms of customization.
Governance tools that provide smart contracts to set up governance like Agora Protocol are difficult to set up but they offer much higher customization potential.
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