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DAOs Beyond Buzzwords with @theobtl Ethereum App Builders Roundtable #6 on DAOs - How they’re run, what’s broken, what’s next Guests: @spengrah.eth, @yitong, & @cupojoseph Here’s what stood out 1/15 🧵 https://x.com/ethereumfndn/status/1907480383710548441

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2/15 🧵 What is a DAO, really? DAO means a lot of things to different people @spengrah.eth: DAOs are a superset of org structures with programmable logic + distributed ownership @yitong: Most real DAOs today are protocol DAOs with tokens. That’s where the hardest problems live

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3/15 🧵DAOs don’t need to outsource everything They can have embedded teams with deep context. People assume decentralization means doing everything by vote. But "more decentralized" isn’t always better. "Better" is better

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4/15 🧵 Voter apathy isn’t the real issue @yitong: More voting ≠ better governance Focus should be on aligned contributors in the right roles, with the right control structures Trying to game more votes just invites bots

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5/15 🧵 What makes a “good DAO”? - We don’t really know yet - No standardized metrics - Need an “L2Beat for DAOs” to track progress over time - Not just activity, but effectiveness, cost-efficiency, and resistance to capture

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6/15 🧵 3 pillars of DAO quality 1. Is it achieving its goals? 2. Is it doing so efficiently? 3. Can it resist capture, both internal and external? Security is part of the org, not just the contract

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7/15 🧵 Who should build DAOBeat? @spengrah.eth: EF is in the best position - credible neutrality, no protocol to promote @yitong: EF’s involvement could align culture + legitimacy like Vitalik’s post did for L2 stages Avoiding tooling vendor capture is key

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8/15 🧵 The deliberation layer is broken Proposals often get decided in DMs before anything hits the forum Real discussion is drowned out by noise @spengrah.eth: Collective attention is a resource. We need better ways to filter and containerize discussions

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9/15 🧵 Backroom deals aren’t always bad @yitong: It’s not that some rooms are private. It’s that we pretend everything’s public We need clarity on who gets to be in what rooms, and why Gatekeeping isn’t evil, being dishonest about it is

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10/15 🧵 Infra isn’t the bottleneck anymore DAO ops don’t need 1000s TPS What’s missing: shared norms, legal clarity, cross-chain composability @spengrah.eth: It’s painful for tooling teams to rebuild infra on every L2 just to serve one DAO

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11/15 🧵 Why app devs should care Decentralized governance minimizes platform risk Credible neutrality needs to go beyond L1s If you’re building on someone else’s protocol, you want its governance to be fair, sustainable, and stable

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12/15 🧵 What DAOs can learn from local gov @cupojoseph: You should know who’s voting and what they want. People talk forever to avoid taking action Also in a DAO, you can just show up and start building. Local politics still has gatekeepers

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13/15 🧵 DAOs = digital cooperatives DAOs let communities fundraise, govern, and distribute value without the friction of legacy corp structures Publicly traded companies cost millions to maintain DAOs can do that with a smart contract

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14/15 🧵 The next 5 years - More interoperable, composable tooling - More ConstitutionDAO moments that hit the mainstream - More experimentation with structure, permissions, and decay - More sustainable business models to keep us building for a decade

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15/15 🧵 DAOs are coordination infrastructure We're still figuring this out, but the upside is massive Big thanks to @theobtl, @spengrah.eth, @yitong, @cupojoseph, and everyone working towards building better orgs

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