Lion DAO

Lion DAO belongs to the DAO corner of crypto, where governance tokens are supposed to let a community coordinate around a project. By our assessment, that makes it interesting on paper and often messy in practice, because the value of a DAO token depends on whether there is an active group behind it and a real decision-making process to match. Its strength is the simple promise of shared control, which is still the whole appeal of the category. The catch is that many DAO tokens are light on day-to-day use and heavy on belief, so the token can end up feeling more symbolic than functional. Lion DAO sits closer to that speculative governance model than to any everyday payment coin. It makes sense for people who follow DAO culture; it is not the place to look for a straightforward cash-like use.