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Daos.fun Deprecates DAO Expiration Dates: Streamlining Solana's AI Capital Markets

Daos.fun Deprecates DAO Expiration Dates: Streamlining Solana's AI Capital Markets

In the fast-paced world of blockchain, where decentralized autonomous organizations (DAOs) are becoming the go-to for community-driven projects, daos.fun just dropped a major update that's got everyone talking. If you're not familiar, daos.fun is a platform on Solana that lets you launch AI agents or DAOs with just one click, right alongside ai16z in what's billed as Solana's biggest AI capital market. Think of it as a hub for innovative, often meme-inspired crypto ventures.

The big news comes from a recent thread on X (formerly Twitter) by @daosdotfun, amplified by @baoskee. They're scrapping DAO expiration dates entirely. No more countdown clocks ticking down on your DAO's life—expiration is now, well, expired.

Daos.fun protocol update announcement

Previously, DAOs on the platform had built-in expiration dates, which could create confusion and stress for holders. Imagine pouring your SOL into a promising project only to watch a deadline loom. This update changes that by deprecating those dates, making it simpler to handle outdated or inactive DAOs. Now, refunds for defunct ones can happen through a straightforward snapshot poll combined with a team request, without forcing arbitrary deadlines on successful projects.

To close a DAO and return funds, you'll need to meet two out of three criteria: a request from the creator, approval from the team, or a passing vote in a snapshot poll. It's a more flexible, community-oriented approach that aligns with the ethos of decentralized governance.

@baoskee elaborated in the thread, noting that this shift will "eliminate the very confusing and anxiety-inducing DAO expiration dates" and let the team act quicker on closing inactive ones. They're even planning to shut down a batch of dormant DAOs next week with creator approvals—heads up if you held tokens from Season 1.

This isn't just housekeeping; it's a smart move for user experience in the crypto space. For blockchain practitioners diving into meme tokens or AI-driven projects on Solana, it means less hassle and more focus on building. Platforms like daos.fun are lowering barriers, letting anyone spin up a DAO without the traditional VC gatekeepers—@baoskee calls themselves a "vc-killer," after all.

The thread sparked reactions from the community, with folks like @7VoMercy joking about acquiring stakes in "gud DAOs" and @AndrewSeb555 praising the capital-freeing potential. There were calls for better UI indicators for closed DAOs, showing how engaged the user base is.

If you're into Solana's ecosystem or eyeing meme token opportunities, keep an eye on daos.fun. Updates like this could make it a prime spot for launching the next big thing, whether it's an AI agent or a community-backed meme project.

Stay tuned for those Season 1 announcements—refunds could be incoming for inactive holdings. In the meantime, this protocol tweak is a win for smoother operations in the wild world of decentralized finance.

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