Author: Taylor Monahan
When do you need this?
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1. Create a Proposal to Split the DAO
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
There is no need to send any ETH
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
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
There is no need to send any ETH
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…
Enter your proposal ID on the left side
Look under “YEA” and make sure it doesn’t say “0”
4. Wait 1 week
...or whatever you specified under “Debating Period” when you created the proposal
5. Call the Split DAO Function
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 address of the new curator (your address).
Choose your token account to execute from
There is no need to send any ETH
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".
The DAO is now split….as long as the voting deadline is over, the new curator is different from the old one, the transaction sender has voted in favor of the proposal, and that the sender on of the transaction has not voted on another proposal with a deadline after the proposal to split the DAO.