> For the complete documentation index, see [llms.txt](https://docs.daimon.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.daimon.finance/what-is-daimon.md).
# What is Daımon?
*'Daimon or Daemon (δαίμων: "god", "godlike", "power", "fate") originally referred to a deity or guiding spirit such as the Daimons of ancient Greek religion and mythology and of later Hellenistic religion and philosophy. The word is derived from Proto-Indo-European \*Daimon' provider, divider (of fortunes or destinies),' from the root \*da- 'to divide'. Daimons were seen as the souls of men of the golden age acting as tutelary deities. See also Daimonic: a religious, philosophical, literary and psychological concept.'*
### 🗺️Overview
Daimon is a decentralised, non-custodial asset management protocol connecting Web3 Community Treasuries with professional asset managers through Separately Managed Accounts (SMAs). It gives communities institutional-grade portfolio management — on-chain, transparent, and without surrendering custody.
Daimon's core thesis is simple: access to sophisticated investment management shouldn't be reserved for the few. By enabling communities to collectively govern and deploy their Treasuries through a cost-efficient, social, and modular infrastructure, Daimon brings institutional finance to the decentralised world.
Daimon Labs is building toward a single goal: making Daimon the world's leading decentralised asset management ecosystem by 2030.
### 📜Features
Daımon introduces innovative blockchain-based asset management solutions that enable:
🆓Costless Onboarding
Any community can [onboard a Treasury](/trustee-guide/onboarding-a-treasury.md) and access Separately Managed Account services, or [set up a Treasury Management Castle](/manager-guide/onboarding-a-castle.md), at significant below-market costs.
📄Increased Security
Through a novel [consensus-based voting mechanism](/investor-guide/ruling-treasuries.md), communities gain voting rights that allow members to hard-code smart contract-based rulesets within their investment fund.
🔎Greater Transparency
Completely transparent, 24/7 investor access to all asset management activity, hence mitigating rent-extraction, along with tamper-proof valuations of fund holdings.
👔Professionals Marketplace
The first[ marketplace](/features/the-bazaar.md) facilitating professional wealth management networking, talent acquisition and career development for Treasury Managers.