> For the complete documentation index, see [llms.txt](https://idsdefi.gitbook.io/in-dex-sale/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://idsdefi.gitbook.io/in-dex-sale/in-dex-defi-ecossystem/governance-dao.md).

# Governance DAO

What Was the Decentralized Autonomous Organization (DAO)? One of the major features of digital currencies is that they are decentralized. This means **they are not controlled by a single institution like a government or central bank, but instead are divided among a variety of computers, networks, and nodes**.