DAOs are an underappreciated source of funding for builders. 

DAO treasuries hold more in liquid tokens than the entire amount of VC investments into crypto companies last year.

This is an excerpt of a16z crypto’s State of Crypto. The full report should be read in its entirety for important disclosures and context. None of the above should be taken as investment advice or an advertisement for investment services; see a16z.com/disclosures for further information.

would love to see proposals in that direction

do you have a breakdown of the top DAOs by holding?

I've never understood why DAOs don't put that capital to work.

I get it, runaway is important, but allocating a portion of that liquid tokens to pools will have significant positive outcomes like:

- Deepen liquidity for the token
- Getting fees from the liquidity position

And this are just financial benefits.

Thanks... 

Right out of the blue, launching $HYPE without VC is right confirmation of a good trend and where really strong hands are!