Create Proposal
Last updated
Last updated
DAO Coin holders can propose initiatives to the DAO. A proposal typically involves allocating treasury funds to a specific objective or appointing a new leader if the current one is unresponsive or acting against the community’s interests. Future releases will support additional proposal types such as coin burning and dividend payouts once the DAO can hold assets like SOL and stablecoins.
Open the DAO’s page to get started. Look for the “Create Proposal” option and select the type of proposal you wish to make. For allocating funds, choose “Allocate Funds.” If you want to change the dev or leadership, select “Appoint New Leader.” Enter a concise title that summarizes your proposal and a detailed description explaining its purpose or goals.
When you need to direct treasury resources toward a particular initiative, select the “Allocate Funds” option. Specify how many tokens you wish to withdraw, noting that there is often a limit (commonly 1% of the total treasury) to protect against excessive or malicious withdrawals. Clearly explain what the funds will be used for and why this expenditure benefits the DAO. Proposals with specific timelines, deliverables, and justification tend to receive stronger support from voters.
If you believe the current leader is not fulfilling their obligations or is jeopardizing the DAO’s progress, propose appointing a new leader. This involves entering the new leader’s Solana address and explaining why this individual or group is better suited to manage the DAO’s funds. Emphasize any relevant experience or track record that will help the community understand why a leadership change is necessary and how it will benefit the DAO.
After confirming your title, description, and other required details, submit the proposal through your connected wallet. Once the transaction is confirmed on-chain, your proposal is posted for the community to review and vote on until the voting period ends. If the proposal meets the required threshold of votes, it will pass and be implemented. In the case of fund allocations, the specified amount is then available for the stated objective. If a new leader is appointed, that group or individual gains the responsibility over the treasury spending.
