DAOs embed the values of decentralization and permissionless execution in the social layer.

The encryption industry as a whole is still a long way from DAO's realization of its full potential. The original idea of DAO was that the code is at the center and the humans are at the edge. DAOs are smart contracts or smart contract systems on Ethereum. They are autonomous because they are not dependent on humans; they run as automated software on Ethereum.

Projects like Uniswap and Compound started as autonomous protocols and eventually turned into DAOs are examples of this philosophy, but most DAOs lack sufficient tools to transfer their decision-making and execution from the social layer to the chain. But this has not stopped the wave of DAOs, which embed the values of decentralization and permissionless execution in the social layer.