Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

  1. The Withdrawal contract only allows the conversion of The DAO tokens (DAO) into ethers (ETH) at the rate of 100 DAOs = 1 ETH. There is a separate process for purchasers who paid more than 1 ETH per 100 DAOs to get refunded the extra amount paid
  2. The way the Withdrawal contract has been coded means that you HAVE to approve the transfer of ALL DAOs in your account, as the Withdrawal contract will only transfer ALL of your DAOs in the one go. If you do not approve all of your DAOs to be transferred, the withdraw() function will throw an error, consuming all the gas specified with the transaction.
  3. If a legitimate split from The DAO has been executed, then the DAO balance has been moved to the child DAO and the DAO balance in The DAO is zeroed.

 

join the #child_dao_community at thedao.slack.com and contact contact @griff to provide details of your split including:

...