DAO Vice President: The rise of new tools and DeFi has made Dao once again attractive to ETH developers

According to CoinDesk, at the Technical University of Berlin meeting, Jenna Zenk, former CTO of blockchain startup Melonport and current DAO vice president of the Melon agreement, said DAO is a way for people, groups, projects and companies to organize themselves in a decentralized manner. The new approach is also very important for transparent fashion; several DeFi apps on Ethereum are also key to enabling new DAOs functionality, if DAO wants to hold cryptocurrencies from participants and assign the money to specific groups, it It may be necessary to use the DeFi protocol to exchange tokens and convert them into the required assets; it is the "combinability" of such different applications that makes building on the Ethereum platform so interesting and attractive to developers.