# Q\&A

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<summary>❓What is Daımon?</summary>

Daımon is a cross-chain, 100% decentralized, 100% non-custodial asset management protocol that enables Communities and their Treasuries to connect with Asset Management Castles so as to benefit from Separately Managed Account (SMA) services.

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<summary>❓How Does Daımon Work?</summary>

The Daımon Protocol is a multi-pillar governance architecture built around Tokenholders, Management Castles and Community Treasuries. The protocol strikes a balance between good governance and management efficiency by regulating the incentives and deterrents mechanisms of all onboarded asset managing entities.

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<summary>❓How is Daımon Disruptive?</summary>

Daımon enables tokenholders to acquire voting rights in their invested Treasuries, mitigates all major forms of rent camouflaging in the industry, removes the need for several intermediaries, lowers the barriers to entry and set-up costs of the industry, and streamlines governance processes affected by collective action problems.

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<summary>❓How Do I Become a Manager?</summary>

Daımon is permissionless! To become a Treasury Manager, create a Management Castle. The Management Castle can then onboard onto the protocol through our multisig integration.

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<summary>❓Why is Daımon Safe to Use?</summary>

Each Community Treasury is collectively governed and administrated by its Community, allowing investors to enable or disable the tradable assets and executable strategies of the Treasury according to their risk profile. Agreements are enforced through smart contract-based rulesets, ensuring that managers stick to the Treasury's mandate.

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<summary>❓What Are the Benefits of Hodling TAILS?</summary>

Holding the TAILS Utility Token allows members of the Daımon Community to signal their feelings or intent on any issue, vote on all aspects concerning the improvement of the Daımon protocol, delegate and distribute protocol powers and rewards and earn passive income through the redistribution of TAILS from the protocol's streaming fees.

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