DAOs wrestle with how to winterize their war chests
September 23, 2022, 11:00AM EDT · 5 min read
- DAO treasuries have declined significantly since the start of the year.
- Many DAOs were caught unprepared for the downturn because their treasuries were not diversified and they lacked treasury management protocols.
DAO treasuries declined significantly in the bear market, leaving many projects looking for ways to manage their remaining reserves.