As of today, latest data reported by Crypto-Deep shows that a total of 50,845 DAOs hold an estimate of $16.9 billion in different crypto assets. Most decentralized organizations hold a mixture of Ethereum, stablecoins, and native assets or partner tokens in their treasuries. The data highlighted top DAOs with largest treasuries.
Major 15 DAOs
Mantle (MNT)
According to the data, Mantle (MNT) DAO is at the top as the DAO with the largest treasury size, worth $2.70 billion. Mantle’s DAO treasury holds $2.70 billion in assets, comprising $1 billion in US dollars and Ethereum-based funds. The DAO uses this pool of money to finance key product advancements on the Mantle ecosystem and to promote the expansion of asset partners.
UniSwap (UNI)
UniSwap DAO is takes the second position with treasury size of $2.20 billion. UniSwap DAO treasury holds tokens mainly in UNI coins, which are approximated to worth $2.20 billion. Data shows that UniSwap DAO has 36,300 members who can cast their votes to decide on the DAO’s management, strategy, and the utilization of the treasury’s money.
Optimism (OP)
Next is Optimism Collective, with funds managed under the DAO worth $1.5 billion. Its DAO treasury comprises of assets like USDC, USDT, ETH, and OP.
Ethereum Name Service (ENS)
Ethereum Name Service (ENS) DAO secured the fourth place as its treasury holds $1.10 billion in assets. The DAO holds over $1 billion in locked ENS coins while the rest ($227 million) are kept in ETH and other tokens.
Arbitrum (ARB)
Arbitrum (ARB) DAO followed with a treasury size of $1.10 billion. The DAO allows ARB holders and members to redefine major decisions revolving around treasury improvement, Arbitrum network development, and reward programs.
Others
Furthermore, according to the data, other major DAOs with huge treasuries include DeXe (DEXE), Gnosis (GNO), Sky (SKY) (formally Maker (MKR), Ethereum (ETH), The Graph (GRT), Safe (SAFE), Lido DAO (LDO), Aave (AAVE), Tribe (TRIBE), and Beam (BEAM).
DAOs are changing the world
DAO treasury is a major part of decentralized projects like the ones mentioned above and many others. Such treasuries play an essential role in facilitating long-term thriving businesses and ensuring that projects’ finances are utilized in accordance with their visions and goals. However, bad treasury management may cause a DAO to collapse.
DAOs raise finances, generate profits from their key business activities, rewards members for their functions, and give out incentives to their investors. While DAOs operate similar to conventional business projects, they are quite different. They are developed on top of blockchain and smart contracts. Also they are decentralized and managed by members through various voting dynamics.
Continued increase of DAOs suggest a wider move toward decentralized governance models that encourage autonomy, transparency, and community involvements. Multiple traditional organizations are embracing the DAO model as an alternative to make money. Today, multiple projects have DAOs that operate with crypto tokens worth billions of dollars kept in their DAO treasuries.
