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DAOs & Governance Mastery

1) Which advanced DAO governance model uses prediction markets to decide the best policy?

A. Liquid Democracy

B. Quadratic Voting

C. Futarchy

D. Delegated Proof of Stake

2) What legal structure can provide DAOs with limited liability and formal recognition in some jurisdictions?

A. Centralized Corporation

B. Unregistered Partnership

C. DAO LLC

D. Non-profit Foundation

3) What is a Sybil attack in DAO governance?

A. An attack that drains the treasury

B. When governance tokens are frozen

C. One actor creating many fake identities to influence voting

D. A smart contract exploit

4) In effective DAO treasury management, diversification helps primarily by:

A. Increasing token emission rates

B. Ensuring all funds are in one asset

C. Reducing exposure to a single asset’s risk

D. Eliminating the need for risk controls

5) In the MakerDAO and Curve case study, veCRV (vote-escrowed CRV) primarily incentivizes holders to:

A. Trade CRV for short-term profit

B. Hold CRV without rights

C. Lock CRV for governance power and protocol rewards

D. Transfer CRV to centralized exchanges

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