The proliferation of DAOs have provided an attractive alternative to traditional collaboration and governance frameworks in DeFi. But what is a DAO? A decentralized autonomous organization (DAO) is an entity with no central leadership, where decisions are made by a community organized around a specific set of rules and governed on the blockchain. Smart contracts establish the rules to be operated on and executed when pre-agreed criteria are met. Change and improvement proposals are raised and discussed by community members and tokens are used to delegate voting rights for decision-making. The creation of JetDAO is the natural first step towards activating and sustaining a decentralized community with well-aligned incentives to govern the protocol.
JetDAO inspires to enable all humans to have access, freedom and autonomy to own and manage their finances.
To achieve that, JetDAO will steward a permissionless and secure financial platform, managing it effectively, efficiently and with minimized human bias through user-centric, fully decentralized on-chain governance.