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DAOs and governance
A DAO is a group that says it decides by vote, often with a token. A vote cannot protect you from a treasury that moves before you notice, or from a vote you cannot afford to join.
What a vote is
A proposal, a quorum, a result, and sometimes a delay before code runs. If there is no delay, the vote and the theft can be the same afternoon.
What it cannot protect
Token votes follow bags, not people. A large holder is the board. A forum post is not power.
Read who can move funds without a vote. That person is the real admin.
Check yourself
Does holding a governance token give you an equal say?
No. Say follows the size of the bag, unless the rules say otherwise.
After this you can find whether funds can move without a vote, and whether a vote has a delay.
