The Cayman Foundation has emerged as the de facto market-leading DAO wrapper despite not being DAO-specific, because it provides the discretionary trust structure DAOs require to manage governance disputes without binding judicial precedent.
Source quote, verbatim
the Cayman Foundation has emerged as the de facto market leader despite not being DAO-specific, because it provides the discretionary trust structure that DAOs require to manage governance disputes without binding judicial precedent.
From
Wulf A. Kaal, The Institutional Deficit in Decentralized Autonomous Organizations - An Empirical Analysis (2026), VI. Findings, Finding 4, p. 22 https://ssrn.com/abstract=6819121 · source PDF
Cite as
Wulf A. Kaal, The Institutional Deficit in Decentralized Autonomous Organizations - An Empirical Analysis (2026). SSRN: https://ssrn.com/abstract=6819121
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