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Top DAO Projects Today Based on Social Activity

source-logo  blockchainreporter.net 22 September 2024 03:11, UTC

In the rapidly evolving DeFi world, Decentralized Autonomous Organizations are making considerable progress by pushing the boundaries of community engagement, innovation, and governance. Phoenix, a well-known crypto analytics firm, has recently shared the list of top DAOs in line with the social activity on 21st of September, including $TAO, $ICP, $ARB, $APE, $ICE, $UNI, $RARE, $PEOPLE, $MKR, and $AAVE.

TOP #DAO PROJECTS BY SOCIAL ACTIVITY$TAO $ICP $ARB $APE $ICE $UNI $RARE $PEOPLE $MKR $AAVE pic.twitter.com/px4LB7N8LE

— PHOENIX – Crypto News & Analytics (@pnxgrp) September 21, 2024

$TAO Leads the Top DAOs in Terms of Social Activity

In its exclusive X post, Phoenix provided the list where Bittensor ($TAO) leads with 10.8K engaged posts and 2.6M interactions. The project is known for its advanced governance model. It focuses on the development of dApps and blockchain-based instruments to let businesses and developers easily adopt blockchain technology. Internet Computer ($ICP) is the 2nd DAO on the list with 832.9K interactions and 10.2K engaged posts. It intends to decentralize the whole Internet ecosystem. ICP is leading as the most active project on GitHub as well.

Arbitrum ($ARB) stands in the 3rd position with 9.0K engaged posts and 662.5K interactions. It is continuously evolving by reducing the gas fees and enhancing transfer speeds on Ethereum. ApeCoin ($APE) occupies the 4th rank in the list with 545.8K interactions along with 7.6K engaged posts. It permits the holders to take part in decisions concerning the future and growth of the platform thereof.

The 5th spot is obtained by Popsicle Finance ($ICE). The DAO project has witnessed 6.9K engaged posts apart from 1.2M interactions. Following that, Uniswap ($UNI) obtains the 6th place with its interactions reaching the 306.9K mark and engaged posts touching 5.4K in terms of number. Subsequently, SuperRare ($RARE) gets the 7th spot with its engaged posts and interactions reaching 5.2K and 306.9K respectively.

Aave Protocol ($AAVE) Bottoms the List with 4.0K Engaged Posts and 996.7K Interactions

ConstitutionDAO ($PEOPLE) seizes the 8th position with 201.1K interactions and 4.1k engaged posts. MakerDAO ($MKR) comes after it with 4.0K engaged posts and 359.2K interactions. Aave Protocol ($AAVE) comes last in the list with 995.7K interactions and 4.0K engaged posts.

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