Smart Contracts
Intermediate
Updated 11/26/2025
What is
DAOs?
Decentralized Autonomous Organizations - community-governed entities with rules encoded in smart contracts.
DAOs (Decentralized Autonomous Organizations) are organizations governed by smart contracts and token holder votes rather than traditional hierarchies. On Ergo, DAOs can leverage eUTXO's deterministic execution and Sigma Protocols for private voting. DAOs manage treasuries, make decisions, and coordinate communities without centralized leadership.
Key Points
- Community-governed organizations
- Rules encoded in smart contracts
- Token-based voting rights
- Transparent treasury management
- No centralized leadership
- Sigma Protocols enable private voting
Use Cases
1
Protocol governance
2
Community treasury management
3
Collective investment decisions
4
Grant allocation
5
Project coordination
Technical Details
Ergo DAOs use smart contracts to define governance rules, voting mechanisms, and treasury controls. The eUTXO model ensures deterministic proposal execution. Sigma Protocols can enable anonymous voting while still proving vote validity - a unique Ergo advantage.
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Frequently Asked Questions
Questions about DAOs
Common questions about this topic
How to get started with Ergo?
Start by getting a wallet (Nautilus for browser, Terminus for mobile). Back up your seed phrase securely offline. Get some ERG from an exchange (Gate.io, KuCoin) or DEX (Spectrum). Make a test transaction. Then explore: try DeFi on Spectrum, check out NFTs, or dive into the technology if you're a builder.
How-to
Getting Started
Is Ergo a good investment?
This is not financial advice. Ergo has strong fundamentals: fair launch (no VC dump risk), innovative technology (eUTXO, Sigma Protocols, NiPoPoWs), active development, and a cypherpunk ethos. It's a smaller market cap project with higher risk/reward than established chains. Research thoroughly, understand the technology, and never invest more than you can afford to lose.
Comparison
Getting Started
What can I do with Ergo?
Ergo supports a full ecosystem: trade on Spectrum DEX, use SigmaUSD stablecoin, mix transactions with ErgoMixer, collect NFTs on SkyHarbor, mine with GPUs, lend/borrow on DuckPools, bridge to other chains via Rosen, and build dApps with ErgoScript. It's a complete platform for decentralized finance and applications.
Explainer
Getting Started
How do NFTs work on Ergo?
Ergo NFTs are native tokens with quantity of 1, making each unique. Unlike Ethereum where NFTs need smart contracts, Ergo NFTs are first-class protocol citizens. Mint for minimal fees (~0.001 ERG), trade on SkyHarbor marketplace, and enjoy full eUTXO security. NFTs can include rich metadata and royalties.
Explainer
Technology