Decentralized Autonomous Organization.
In the case of TreatDAO, it means Treat is a community directed project. $Treat holders are in ultimate control of the treasury, the development choices, and the day-to-day leadership. Treat is a community working to create an amazing platform for adult content creators and collectors to come together making, buying, selling and trading NFTs.
The Oversight Council
In addition to electing the Council, the DAO is called upon from time to vote on significant things for the project. A vote may be called by anyone with 73,400 $Treat to go before the entire DAO for consideration. The process should start with informal discussion in the community (Discord, Telegram, The Melon Rooms). After discussion has fine-tuned the idea it should be submitted to someone on the team for formatting and scheduling to vote. The votes themselves are done on Snapshot and the history of all votes is available there as well.
is a leadership group elected by $Treat holders each quarter (terms were extended to 6 months by DAO vote, but vacancies may be filled as needed or quarterly).
Holders with 73,400 $Treat have some perks. There are chats in both telegram and discord which are limited to Melon level holders.
Creators holding this amount of $Treat also have treasury fees reduced and referral fees increased.