SynthDAO manages its structure by maintaining a decentralized yet organized approach through pre-agreed processes and delegation. It aims to avoid the 'Tyranny of Structurelessness' by relying on a core team that drives the vision and pace of product development, ensuring effective coordination within a relatively flat hierarchy.

Products developed by SynthDAO are beneficial because they provide innovative solutions for the DeFi market, particularly in the domain of synthetics and derivatives. These tools can help users engage with synthetic financial products more efficiently, offering decentralized alternatives to traditional finance models.

SynthDAO is a decentralized autonomous organization focused on developing products and tools for DeFi synthetics and derivatives. Its primary purpose is to build and innovate in the Decentralized Finance space by creating solutions that enhance and facilitate the use of synthetic assets and derivatives.

SynthDAO distinguishes itself from other DAOs by focusing specifically on the niche of DeFi synthetics and derivatives. This specialization allows it to develop highly targeted tools and products, providing unique value propositions and potentially more robust solutions in its focused area compared to broader DAOs.

SynthDAO is highly relevant to the crypto industry as it addresses the growing need for advanced DeFi products focusing on synthetics and derivatives. By powering innovation in these segments, SynthDAO contributes to the expansion and sophistication of the DeFi ecosystem, offering new opportunities in digital finance.

Users might face typical challenges associated with DeFi products, such as understanding complex financial concepts or managing security practices. SynthDAO products likely offer documentation and community support to assist users. Engaging with the DAO community for guidance and following best security practices can help mitigate these issues.