Author: Taylor Monahan
Source: Reddit (
When do you need this?
You need this instruction if you want to split from The DAO, because you don't agree with a proposal or with the curators.
Ingredients
...
You need:
- the Mist browser. Download and install it and sync with the main
- your token address
- some Ether at your token address
Directions
...
Create a proposal.
The proposal has the newCurator flag as true and the recipient specifying yourself as the curator of the new DAO.
Vote in favor of this proposal.
Wait 1 week.
("Debating Period")
Call the function splitDAO
with the parameters: proposalID and newCurator. The proposal ID is that of the proposal from #1. The newCurator is address of the new curator account (your account).
You (the one who called the proposal) will automatically create the new DAO. Your portion of Ether and the portion of reward tokens move to the new DAO. Your original DAO tokens are destroyed.
You are now officially split
& have your ETH + reward tokens & are no longer part of the original DAO ---
27 day creation period
happens. In this case you would just wait. (note: Let's say you and your buddy want to split to join a 2-man DAO. If he also voted YES on the proposal in 2, he would now call splitDAO to also join your new DAO.)
After 27 days,
you now have the ability to do anything, like create new proposals.
If you want to get all your ETH out...
You (the curator) add your address to the whitelist.
You (the curator) add a proposal to send all your ETH to an address
(hopefully your own address ;)).
Wait 14 Day Debating Period.
(Splitting only has a 7 day debate period. Sending ETH has 14 days)
You (the curator and only member of the DAO) vote yes on the proposal.
Now you have the ETH!