Decentralized Autonomous Organizations (DAOs) are the gold standard for Blockchain & Crypto projects as they enable average users to contribute & vote on changes to the projects.

A DAO is like "an Internet-based community with a shared bank account".

You can think of it as a mutual fund where instead of a central manager, the participants decide on the investment and other decisions.

DAOs run on public blockchains and their rules are coded in smart contracts.

Since DAOs run on public blockchains, anyone can check and verify all the financial transactions made by the DAO.

Members of a DAO don't have to trust each other - they have to trust the code.

Being a DAO, HYFI ensures complete transparency, democracy, efficiency & global collaboration.

Decentralization is at the core of HYFI and decisions are made by a community of stakeholders. Each member holds a tokenized share of HYFI's voice.