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  • What is XDAO?
  • Architecture
    • Glossary
    • GT (Governance Token)
    • LP Token (Liquidity Provider Token)
    • Hybrid Voting
    • My DAOs
    • Supported Blockchains
    • Smart Contracts
    • Audits
  • GUIDES FOr GT
    • Create a DAO
      • How to choose the right quorum?
    • DAO Page
      • Widget
      • Manage
        • DAO Customization
          • Verify DAO
          • Change Avatar
          • Change Banner
          • Edit DAO Profile
          • Change Widget
          • Edit DAO Analytics
        • GT management
          • Add Member
          • Remove Member
          • Change Members' Power⭐️
          • Change Quorum⭐️
          • Add Manager⭐️
          • Remove Manager
        • Investment activity management
          • Create LP Token
          • Create Private Offer⭐️
          • Manage Private Offers⭐️
          • Create Private Exit Offer⭐️
          • Manage Private Exit Offers⭐️
          • Create Crowdfunding⭐️
          • Crowdfunding past version
            • Create Crowdfunding⭐️
            • Manage Crowdfunding⭐️
          • Pay Dividends⭐️
        • Asset management
          • Send Token⭐️
          • Send "Coin"⭐️
          • Approve Token⭐️
          • Pay Salaries⭐️
          • Swap⭐️
          • Bridge⭐️
          • Hide Tokens⭐️
        • DAO Community
          • Create Proposal⭐️
        • Advanced
          • Add Permitted⭐️
          • Remove Permitted
          • Custom Transaction⭐️
          • Connect⭐️
        • DAO features
          • Forbid to Add Members
          • Forbid to Remove Members
          • LP Issue
            • Disable LP Issue
            • Enable LP Issue
            • Freeze LP Minting Status
          • LP Redemption
            • Disable LP Redemption
            • Enable LP Redemption
            • Freeze LP Burning Status
      • Activity
      • Info
  • User's Guide
    • My Account
    • Crowdfunding
    • Private Offer
    • Private Exit Offer
    • Burn LP
  • use cases
    • Launch of Crowdfunding: Step-by-Step Tutorial
    • My First DAO
    • Mutual Fund
  • XDAO Info
    • Partner with us!
    • Bug Report
    • XDAO Pill
    • Resolving Errors
    • Contact Us
    • Brand & Logos
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  1. GUIDES FOr GT

Create a DAO

DAO creation will take only 3 minutes.

PreviousAuditsNextHow to choose the right quorum?

Last updated 4 months ago

1) To create a DAO, click "Create a DAO" in the submenu in the left bar.

2) Make sure you're connected to the right blockchain. And also make sure your personal wallet, for example Metamask, is connected to the same network.

3) Enter the name of the DAO and the symbol of the DAO token, which is actually a governance token - GT.

After creating a DAO, you cannot change the name or symbol of the DAO token, because at the time of creation of the DAO, this data is registered in the blockchain and can not be changed.

4) Select the mode by which you will add a partner address:

• Multisig - all DAO members own 1 GT and have the same vote power. If there are 5 members in the DAO, each of them has 20% of the vote power;

• Custom - all DAO members can have a different number of GTs and voting power corresponding to the sum of GTs.

After adding all partners, you will be able to check the voting power of each participant.

5) Set up a quorum - the number of votes required for a decision to be executed.

In Multisig mode, you can choose how many signatures are enough to activate a vote. For example, DAO members decide that 3 out of 5 votes are enough to achieve consensus. The DAO quorum is 60%, and it will remain 60% even if you change the number of DAO members. DAO can change quorum at any time after DAO creation.

In Custom mode, each member can have a different vote power depending on the role in the DAO. Be guided by this data to choose a quorum value. For example, in a DAO with 2 members, the first participant owns 2 GT and the second participant owns 1 GT. The quorum was set to 52%. It follows that the first member can do all the actions on behalf of the DAO by himself, because the quorum will be immediately overcome and the vote of the second member is not necessary.

6) To create a DAO on Ethereum, Arbitrum, BNB Chain or Polygon you must maintain a balance of 100 $XDAO in your wallet to create a DAO. While the amount will not be deducted from your wallet, you will require $XDAO to activate your DAO in the future. You can buy $XDAO on Uniswap on this page.

7) Click Create a DAO and send the transaction to the blockchain. If the transaction is successfully sent to the blockchain, you will see a green push notification in the upper right corner. You will be automatically redirected to your DAO page. A list of your DAOs is displayed in the upper left corner under My DAOs.

If you see a red push notification in the upper right corner when creating a DAO, repeat the DAO creation.

In the moment of creation, you will only need funds for gas to register your DAO on the blockchain. Since you can't generate an exact cost to create a DAO, you can enter any data in the fields to create a DAO and see how much money you need and then reject the transaction.

Join XDAO club:

Once created, top up your DAO account and fix the price as early as possible so that you can do it at the best rate. Learn more about

📲 TG Global:

📲 TG Announcement:

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📲 Medium:

📲 GitHub:

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📲 Discord:

how to fix the DAO price in the next chapter.
https://t.me/xdao_eng
https://t.me/xdaoapp
https://twitter.com/xdaoapp
https://www.youtube.com/c/xdaoapp
https://blog.xdao.app/
https://github.com/XDAO-App
https://www.instagram.com/xdaoapp
https://discord.gg/xdaoapp