25 January 2023

World Economic Forum Publishes DAO Toolkit; ETH Staking Continues To Grow



BakerHostetler logo
Recognized as one of the top firms for client service, BakerHostetler is a leading national law firm that helps clients around the world address their most complex and critical business and regulatory issues. With five core national practice groups — Business, Labor and Employment, Intellectual Property, Litigation, and Tax — the firm has more than 970 lawyers located in 14 offices coast to coast. BakerHostetler is widely regarded as having one of the country’s top 10 tax practices, a nationally recognized litigation practice, an award-winning data privacy practice and an industry-leading business practice. The firm is also recognized internationally for its groundbreaking work recovering more than $13 billion in the Madoff Recovery Initiative, representing the SIPA Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC. Visit
The World Economic Forum recently published a new toolkit for Decentralized Autonomous Organization participants with participation from over 100 experts.
United States Technology
To print this article, all you need is to be registered or login on

The World Economic Forum (WEF) recently published a new toolkit for Decentralized Autonomous Organization (DAO) participants with participation from over 100 experts. According to reports, the WEF described the DAO toolkit as "a set of adaptable resources for key stakeholders to help realize the full potential of this emerging form." The toolkit gives answers to the question "What are DAOs?" with information on DAO operations, governance and more, as well as recommendations for each included. According to the toolkit, it provides "a set of insights and resources for developers and policy-makers"; it states that "DAOs offer a significant new mechanism for managing and allocating capital or other valuable digital assets." The toolkit also notes that DAOs are an "organizational development the impact of which may be felt across many sectors of business and social activity worldwide."

According to a recent report, the Ethereum Network has passed a major milestone, with the number of staked ether (ETH) passing 16 million ETH. Network validators stake ETH for a chance to write and authenticate transactions, which grants them "interest" on the amount of ETH the validator has staked. The 16 million staked ETH represents more than 13 percent of the total ETH supply and nearly $22 billion, using an ETH price of $1,375. Over 25 percent of the currently staked ETH comes from a community-driven validator collective. ETH shifted to a proof-of-stake network (from its previous proof-of-work network) four months ago. According to the report, "a larger amount of staked ETH should theoretically make it more difficult for an individual actor to sabotage the Ethereum chain," but "the bulk of Ethereum's stake currently belongs to a handful of large actors."

For more information, please refer to the following links:

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More