Galaxy: 24 DAOs adopt decision markets with $50.5M in assets
- —24 DAOs use decision markets, holding $50.5 million in assets
- —Participants trade conditional contracts on executing or rejecting proposals
- —Umia lets markets choose budget size, not just yes/no outcomes
- —Unlike prediction markets, prices determine what the organization does
Why it matters: The model could replace DAO voting with market-based decision-making, affecting protocol governance and tokenomics.
Source: CoinDesk Japan