What are the key components of DAOs interoperability?

1 Standards and protocols

One of the main challenges for DAOs interoperability is the lack of common standards and protocols that define how DAOs should interact with each other and with other systems. Without standards and protocols, DAOs may face compatibility issues, security risks, and inefficiencies. Therefore, there is a need for developing and adopting standards and protocols that enable DAOs to share data, assets, governance rules, and logic across different blockchains and platforms. Some examples of existing or emerging standards and protocols for DAOs interoperability are ERC-1155, ERC-1484, ERC-3000, and DAOstack's ArcHives.

3 Composability and modularity

A third key component of DAOs interoperability is the design of DAOs that are composable and modular. Composability means that DAOs can be combined and integrated with other DAOs and systems to create new functionalities and synergies. Modularity means that DAOs can be split and reconfigured into smaller components that can be reused and customized. For example, a DAO can use a modular framework, such as Colony or Moloch, to create and manage sub-DAOs that have different roles and responsibilities within the larger organization. Or, a DAO can use a composable platform, such as Gnosis or dxDAO, to access and leverage various services and tools, such as prediction markets, decentralized exchanges, or identity management.

4 Interoperability networks and platforms

A fourth key component of DAOs interoperability is the emergence of interoperability networks and platforms that aim to provide a unified and scalable infrastructure for cross-chain and cross-system collaboration. Interoperability networks and platforms are networks or platforms that connect multiple blockchains and systems and offer various services and features for DAOs interoperability, such as data exchange, asset transfer, governance coordination, and smart contract execution. Some examples of interoperability networks and platforms are Polkadot, Cosmos, Avalanche, and The Graph.

5 Governance and coordination

A final key component of DAOs interoperability is the development of governance and coordination mechanisms and models that enable effective and efficient collaboration among DAOs and other systems. Governance and coordination are essential for ensuring the alignment of incentives, values, and goals among different stakeholders and resolving potential conflicts and disputes. Governance and coordination can be achieved through various means, such as voting, reputation, tokenomics, social contracts, and dispute resolution. Some examples of governance and coordination frameworks and tools are Snapshot, Aragon Court, Kleros, and DAOhaus.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?