WEEZI
  • Instructions for DAO Managers
  • Tokenomics
  • Basics
    • 1. Basic Management Information
    • 2. How to create your own DAO
  • Setup
    • 1. Frame wallet setup
    • 2. Alternative way to access your DAO
    • 3. Introducing new assets for deposit
    • 4. Setting up the reporting system
  • CT token Management:
    • 1. Token request procedure
    • 2. Asset withdrawal over OTC
    • 3. Burning CT tokens
  • Advanced DAO Procedures
    • 1. Main DAO and product DAOs
    • 2. Rage Quit Procedure
    • 3. Withdrawing Carry fees
    • 4. Transfer in DAO
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  1. Advanced DAO Procedures

1. Main DAO and product DAOs

Previous3. Burning CT tokensNext2. Rage Quit Procedure

Last updated 3 years ago

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This section describes the process of establishing a connection between two DAOs with one being a main DAO (hereinafter: Parent DAO) and the other as an additional (subsidiary) DAO (Child DAO), that can be controlled through the main DAO.

IMPORTANT: The process of allocating a voting control of a Child DAO to a Parent DAO needs the Parent DAO agent wallet to contain at least a minimal amount of Child DAO GT Tokens (ex: 0.1 GT) so that the voting procedures can be initiated.

If the amount allocated to the Parent DAO is a significant part of the Child GT - the "weight" of the vote will change accordingly.

To acquire the Parent DAO Agent address please refer to the "Agent" page of the Aragon Framework and copy the address part as shown on the screenshot below. You need the hexadecimal value only (ex: 0xf8a8d25049ebfaf36cf1dd7ff51ebd0777fc9b32).

Step 1 - Initiate the process from the Child DAO Agent account

Pass the authorization at the Aragon Framework by using your Child DAO Agent account. After the authorization is complete - create a new voting procedure via the voting section of the framework.

The voting process will require you to sign the transaction for it to become active.

Step 2 - Continue to the Parent DAO Agent account

After the steps for the Child DAO are complete log out from the framework and lo in by using the Parent DAO Agent account. Navigate to the "Voting" section of the framework and find the started voting procedure. Vote "Yes" and proceed with the transaction signing.

After completing the transaction follow the steps described to continue voting via the Parent DAO.

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