Coin Gabbar Token

<h2 id="header-0">Key Takeaways</h2><ul><li>Despite the bear market, DAO treasuries have more than doubled since the beginning of 2023</li><li>The Optimism Collective, with $5.5 billion, leads the DAO treasury funds, representing 22% of the market share</li></ul><h3 id="decentralized-autonomous-organizations-daos-have-reached-a-new-milestone-with-their-treasuries-experiencing-rapid-growth-according-to-data-from-the-dao-platform-deepdao">Decentralized autonomous organizations (DAOs) have reached a new milestone with their treasuries experiencing rapid growth, according to data from the DAO platform, DeepDAO.</h3><p>On March 31, the total assets in <a href="https://www.coingabbar.com/en/crypto-blogs-details/dao-can-replace-bank-future" rel="noopener noreferrer nofollow">DAO </a>treasuries hit $25.1 billion, with $22 billion of this in liquid form and $3.5 billion reserved for vesting. Despite the bear market, #DAO treasuries have more than doubled since the beginning of 2023.</p><p>This figure represents 40% of the total value locked in #DeFi, which has risen by 39% to $61.7 billion since the start of the year, as per DeFiLlama. DeepDAO, which analyzes 2,353 out of 12,108 existing DAOs, reports that layer 2 DAOs are the main drivers of growth, with infrastructure overtaking DeFi as the leading category. PancakeSwap had been the most active DAO in the world in the last 7 days with a total of 66 decisions taken.</p><p>Daniel Bar, a representative of DeepDAO, notes that until recently, Uniswap and BitDao were the largest DAOs with over $2 billion each. However, the addition of Optimism, Arbitrum, and #Polygon has resulted in a variety of significant DAOs. The Optimism Collective, with $5.5 billion, leads the DAO treasury funds, representing 22% of the market share.</p><p>It is also the second most favored #Ethereum layer-2 solutions provider after Arbitrum One, according to L2beat. On the other hand, Arbitrum&#39;s DAO treasury has a slightly lower value of $4.4 billion, representing a market share of 17.5%. The remaining top five DAOs are BitDAO, <a href="https://www.coingabbar.com/en/crypto-blogs-details/what-is-the-uniswap-liquidity-pool" rel="noopener noreferrer nofollow">Uniswap</a>, and Polygon with treasuries of $2.6 billion, $2.5 billion, and $1.5 billion, respectively.</p><p>Overall, the data from DeepDAO points to a thriving DAO ecosystem, with layer 2 DAOs driving growth and the infrastructure category taking over from DeFi as the leading category. Despite market fluctuations, DAO treasuries are experiencing rapid growth, with Optimism Collective and #Arbitrum leading the way in terms of value. The DAO landscape is continuously evolving, and it will be exciting to see how it develops in the coming months and years.</p><p><strong>Also, Read - <a href="https://www.coingabbar.com/en/crypto-currency-news/sec-chair-gensler-calls-for-increased-funding-to-combat-cryptocurrency-fraud" rel="noopener noreferrer nofollow">SEC Chair Gensler Calls for Increased Funding to Combat Cryptocurrency Fraud</a></strong></p>

Decentralized Autonomous Organization Treasuries Surpass $25 Billion Amid Rapid Growth in Layer 2 DAOs

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