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6/17/16: PLEASE DO NOT INIATE A NEW SPLIT RIGHT NOW. MORE INFO TO COME.
When do you need this?
You need this instruction if you want to split from The DAO, perhaps because you don't agree with a proposal or with the curators. It is a way to ensure the decentralization and autonomy of The DAO.
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1. Create a Proposal to Split the DAO
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Instructions
Go to ‘Contracts’ and then click on the ‘The DAO’ contract.
On the right side, click the “Pick a Function” dropdown.
Select “New Proposal”
Recipient: enter the address new curator for your DAO (your address)*
Amount: Leave Blank
Description: Leave Blank, or enter a human readable descriptor like “0x762f split proposal” so you know it is yours later. **
Transaction Data: Leave blank
Debating Period: ‘604800’ this is 1 week in seconds, the minimum amount of time.
New Curator: Check this box!
Choose your token account to execute from
Do not send any ETH (or it may fail)
Ensure you have some ETH in your token account for gas.
Click “Execute”
A pop up will appear confirming gas, etc. Enter your password and press "SEND TRANSACTION".
* If you are just splitting the DAO with just yourself, you would enter your address and therefore become the new Curator. Make sure you have access to this account! If you are creating a new DAO with other people, this should probably be a multi-sig wallet held by multiple trusted people.
** Anyone who enters the Proposal ID will be able to read this descriptor, so don’t include personal information.
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3. Vote “YES” on your new proposal
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How to Vote
Go to ‘Contracts’ and then click on the ‘The DAO’ contract.
On the right side, click the “Pick a Function” dropdown.
Select “Vote”
Proposal ID: the ID of the proposal to split the DAO.
Supports Proposal: Check the ‘Yes’ button.
Choose your token account to execute from
Do not send any ETH (or it may fail)
Ensure you have some ETH in your token account for gas.
Click “Execute”
A pop up will appear confirming gas, etc. Enter your password and press "SEND TRANSACTION".
If you want to make sure you voted…
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5. Call the Split DAO Function
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Go to ‘Contracts’ and then click on the ‘The DAO’ contract.
On the right side, click the “Pick a Function” dropdown.
Select “Split DAO”.
Proposal ID: enter the proposal ID of your proposal.
New Curator: Enter the same address that you entered under "Recipient" in Step 1: Create a Proposal to Split the DAO.
- Choose your token account to execute from.
Do not send any ETH (or it may fail).
Ensure you have some ETH in your token account for gas.
Click “Execute”.
A pop up will appear confirming gas, etc. Enter your password and press "SEND TRANSACTION".
- After a ~1 minute (or less) a notification will alert you that a transaction to 0x000000000... was successful.
- If you miss the notification, you can see this by going to the "Wallets" tab and then looking under "Latest Transactions"
- Note: If you are the first person to split the DAO (as I was above), this will cost ~3,051,593 Gas.
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