Revenue distribution and decision-making cannot be decentralized with traditional organization structures—they require legal entities, jurisdictions, bank accounts, and more—all of which are central points of failure.
The Bisq DAO replaces such legacy infrastructure with cryptographic infrastructure to handle project decision-making and revenue distribution without such central points of failure.
Through the BSQ token (colored bitcoin), the Bisq DAO enables value transfer from traders to contributors without centrally-held bank accounts or wallets.
This enables trading fees to be distributed to project contributors without any banks, corporations, or other legal entities—keeping Bisq stateless & sovereign.
To distribute revenue from trading fees to contributors, Bisq uses BSQ—a Bitcoin-based colored coin. Contributors are issued new BSQ for their work, and BSQ is "burned" when traders use it to pay trading fees.
There is no central entity that collects or creates BSQ—Bisq stakeholders vote on each issuance request.
There was never an ICO. No BSQ is sold to raise capital.
With no CEO or central leadership team, Bisq stakeholders—traders and contributors—are the owners of Bisq.
Through social consensus (via voting) they determine Bisq's project strategy.
Plain-language description of the DAO.
Quick, short video series on the Bisq DAO.
Specification of the workings of the Bisq DAO and BSQ token.
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See more resources on our All About the Bisq DAO doc.