By the end of this lesson you’ll be able to sort the DAOs you meet into four kinds, say what each one’s vote actually controls, and recognize two ways a DAO has ended: the treasury paid out, or the vote voted away.

What each kind of DAO votes on
Protocol DAOs
The dials on lending protocols and stablecoins
Layer-2 governments
A network’s software, treasury and council
Grants and public goods
Who gets the money
Investment clubs
Which stakes to buy
Every DAO named in this lesson is an example of its kind, never a recommendation.
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