2. Protocol Grant Programs Community development and protocols can be funded with on-chain treasuries. Protocols support governance initiatives (like grant programs) and have other benefits. They have access to a huge pool of third-party developers, unlike any company or development team. In addition, they give people worldwide a huge economic oppo... See more

Most protocol DAOs currently only hold their native protocol token on their balance sheets. Given the volatile nature of cryptocurrencies, this could mean that DAOs are forced to sell their native tokens during extended bear markets (and therefore at inopportune prices) to finance ongoing operations. Consequently, DAOs should first ensure that they... See more