Understanding DAO Incentives & Rewards Better

Incentive mechanisms have always been critical to build a healthy, highly participatory community of any kind. But historically, these systems and incentive mechanisms have been fractured and separate across spheres. We’ve had political systems for organizing participation in mass movements. We’ve had corporations and other financial structures for... See more

The rise of financial incentives In order to encourage participation in DeFi (decentralized finance), new DAOs offered financial incentives. Those who do not have financial incentives would not invest time, money, and energy in networks, vote on proposals to improve them, or care about their futures. Here are some examples that can help builders un... See more

DAOs have systems of organizing tasks that need to get done along with incentives for said tasks. This can be monetary incentives like bounties or reputational incentives to get other benefits in the DAO like more voting power.