...
After completion, this can not be undone! Everyone participating in a split should know exactly what he is doing in order to avoid any losses.
Process
In order to initiate a split, a token holder needs to create a proposal with the newCurator
flag astrue
and the recipient
specifying the new curator of the new DAO (seehttps://github.com/slockit/DAO/wiki/How-to-create-a-see How to create a proposal). Every token holder who wants to join this new DAO, needs to vote in favour of the proposal (https://github.com/slockit/DAO/wiki/How - to - vote - and - execute - a - proposal). After the debating period, which is at least 1 week, the token holder can then call the function splitDAO
. This function has 2 parameters:
...
After this time the new DAO is fully functional, and the curator can add addresses to the whitelist and proposals can be created, be voted on, and executed.
Remarks
The new DAO will have a proposal deposit of 0. Therefore one of the first action after the creation period should be a proposal to raise this value to a reasonable number.