Also: Decentralized Autonomous Organization
A DAO (Decentralized Autonomous Organization) is an organization whose rules are encoded in smart contracts and whose decisions are made by governance-token-holder voting. No CEO, everything is transparent on-chain.
On TON, TON Society exists as a community body, but few true DAOs with on-chain governance are live yet.
The unique identifier of an account or contract on a blockchain.
Abstract Datagram Network Layer — TON's low-level peer-to-peer protocol.
Automated Market Maker — algorithmic pricing through a liquidity pool.
A group of transactions finalized by validators and chained to the previous block.
Bag of Cells — the binary serialization format for structured data and smart contracts in TON.
Centralized exchange — custodial exchange (Binance, OKX, Bybit).
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