Orochi DAO new sponsor pledging guide

makoto_inoue
Sep 6, 2019 · 3 min read

Thank you very much for showing interests on joining Orochi DAO, a special purposed DAO to manage Devcon5 sponsorships and co-create “The year of DAOs” event collectively (please read here for the membership benefits).

In this guide, I will go through the steps you need to be able to pledge your sponsorship into our DAO.

Before you start:

You need to be aware that there are two different sites handling different purposes

  • https://daohaus.club will bundle initial on boarding. You need to access with any Web3 aware wallets (We will use Metamask in this guide).
  • https://orochi.kickback.events will allow existing members to make new proposals and votes for it (Out of scope for this guide).

Pre-requisite:

Have 500 DAI loaded onto your Metamask account

Step 1:Go to https://daohaus.club and click “Sign in with Ethereum”

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Step2: Click “Orochi DAO” and Click “Pledge to Join”

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Step3: Add your detail and click “Pledge”!

  • Name = The name of the company you are sponsoring as
  • Bio = Some information about your company
  • Pledging amount = 500 DAI minimum but feel free to pledge more to gain more voting power!
  • Shares = The same amount as the pledging amount (minimum 500).

By requesting equal amount of pledge and shares, you will own voting right in proportion to the amount you sponsored.

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(Bonus step): Click “Profile” to create profile at 3Box

This will allow you to set additional information such as your profile image, social media account, and so on.

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What happens afterword?

If everything works as intended, you should see something like this ready to join.

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Contact the summoner at this point. He will create a proposal to add you as a Orochi DAO sponsor.

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Everything will be done in the following order.

  • In Queue (5 hours) = If you find any mistakes, we can abort the request if there were mistakes. The request will stack up in this phase.
  • Voting Period (2 days) = Existing members will vote on each proposal.
  • Grace Period (1 day)= Anyone who voted against can rage quit.
  • Ready For Process = Anyone can process (and receives 1 DAI reward).

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Kickback

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