DAOs
DAOs frequently face the challenge of funding operations without liquidating treasury assets or depending on centralized lenders. Through Xitadel, a DAO can use governance-approved collateral to issue an LTT, raising capital in a transparent, on-chain manner. The community votes on terms, collateral is locked via program logic, and lenders are protected by enforceable fallback mechanisms. This structure aligns with DAO values of transparency and permissionless access to capital.