Launching a DAO using DAOcreator

DAOcreator is a tool that allows you to deploy your DAO in a super simple way. It has a UI which you can find in Alchemy. When you create a DAO, it creates an instance of the multiple components defined in Arc.‌

The first step is to name your DAO, and choose a token symbol. Note that you don’t need to use this token if you don’t want to, but every DAO has a token.

Next, you will need to define the parameters of your DAO. There are tool tips (upon hover) over the Fast, Medium, Slow buttons, as well as (i) icons for more information which should make things pretty straightforward. As always, contact us if you need any help, or play around on our testnet or xDAI before paying to deploy on mainnet.

The advanced configuration allows you to configure the voting mechanics as you desire. Please refer to the explanation on Holographic Consensus to know what the parameters are and what they do. A common adjustment include changing the Threshold Constant to 1000 which ensures all proposals require the same ratio of stakes FOR and stakes AGAINST to get boosted (a higher number leads to a dynamic threshold, which varies depending on the number of boosted proposals).

Once you are done with the parameters, you can set your founding DAO members. You can also import a CSV with the members if you have one, see this sample spreadsheet for reference.

You will be able to vote to add more members at a later date, so it is not critical if you miss anyone. Each member will be identified by their eth address, so make sure each one is inserted correctly.

Deploying a DAO