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Less than 1% of all holders have 90% of the voting power in DAOs: report

Less than 1% of all holders have 90% of the voting power in DAOs: report

Decentralized autonomous organizations (

The Chainalysis report highlighted that although all governance token holders have voting rights, the right to make a new proposal for the community and to pass it is not very easy for everyone, given the number of tokens required to do so.

The report estimated that between 1 in 1,000 and 1 in 10,000 governance token holders have enough tokens to create a proposal. When it comes to passing a proposal only between 1 in 10,000 and 1 in 30,000 holders have enough tokens to do so.

Decentralized Finance (DeFi) ecosystem accounts for 83% of all DAO treasury value held and 33% of all of the DAOs by count. Apart from DeFi, venture capital, infrastructure, and NFTs are other ecosystems that have seen a rise in number of DAOs.