Blockchain

The DAO national debt soars by 40 times in 2021: DeepDAO

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Between January and September 2021, the total value of Treasury bonds or assets under management (AUM) used for decentralized autonomous organizations increased by approximately 40 times​​.

according to data Data from the DAO statistics platform DeepDAO shows that the total asset management scale of DAO Treasury bonds listed on the platform has increased from approximately US$380 million in January to a peak of approximately US$16 billion in mid-September.

As of mid-December, the total asset management scale has fallen by 28.1% since the high water level to $11.5 billion, which has fallen by $3.6 billion in the past 30 days alone.

Throughout 2021, DAO user participation has also increased sharply. The total number of DAO members and token holders in December was approximately 1.3 million, an increase of 130 times from the beginning of the year.

DeepDAO ranks DAO Decentralized exchange (DEX) Uniswap, general-purpose BitDAO and decentralized financial mortgage platform Lido Finance rank among the top three with a total treasury value of US$2.9 billion, US$2.4 billion and US$602 million.

Uniswap DAO has approximately 275,000 members who can vote on the project’s roadmap and maintain the governance of the DEX. Uniswap has always been Dominant DEX According to data from Dune Analytics, throughout 2021, the transaction volume exceeded the sum of all other DEXs.

Lido DAO manages its platform, and users obtain management rights through Ethereum-based LDO tokens.Lido Finance exploded In 2021, the total locked value of the platform will increase from US$12.5 million at the beginning of January to US$11.68 billion at the end of December. According to DeFiLlama’s data, in terms of TVL, Lido Finance is currently the sixth-ranked DeFi platform.

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BitDAO focuses on Support decentralized projects Across any blockchain voted by BIT token holders.

The DAO has approximately 10,000 members and focuses on direct collaboration or exchange-related proposals with projects, as well as expansion opportunities such as the launch of autonomous artists’ guilds, agricultural cooperatives, and ecosystem funds.