About DAO Digest

DAO Digest is a reference on DeFi protocols: how each one works, where its yield comes from, what its risks and past failures have been, and how its governance decides things.

One protocol or mechanism per article, explained from the protocol's own documentation and audits: lending markets, decentralised exchanges, liquid staking, stablecoins, restaking, bridges. Governance is covered as part of the protocol it belongs to, not as a weekly roundup of votes.

The articles are meant to be read before depositing and kept current as the protocols change. We link the primary sources so the claims can be checked.