How to DAO 101: Choosing a Tech Stack for CabinDAO

The toolkit available for DAOs is expanding rapidly and it can be overwhelming to determine where to start. As a first stop, we recommend defining the phases of your organization’s work. We had 4 initial phases of work when starting on CabinDAO:Phase 1: Recruiting the communityPhase 2: Securing initial fundsPhase 3: Communicating with membersPhase ... See more

How do we reliably and effectively community and mobilize the DAO membership?How do we get work done collaboratively?How do we broaden our reach and connect with more people interested in our mission?How do we support delegation of votes (if needed) in the future?

Throughout our work, we’ve encountered four main areas of opportunities:

Reward members for ongoing work and activitiesEnter in inter-DAO partnerships by exchanging tokensPotentially conduct a second crowdfundProvide liquidity for the secondary token market if needed (e.g. via Uniswap) 

After reviewing these questions, make sure to check how much flexibility you need from the crowdfunding technology. For CabinDAO we used default Mirror settings: the initial crowdfund participants would receive 1000 $CABIN per 1 ETH, with a fixed total supply. We also chose to allocate 50% of the fund to the CabinDAO treasury. The supply allocated ... See more

How much of the supply  will be reserved for the DAO treasury?

What will be the anchor exchange rate with Ethereum?

For any crowdfund, you will need to make specific choices related to the token supply. We recommend talking through these questions with your founders:What will be the total initial supply?Will it be fixed? (e.g. will future token creation be restricted)

In our case, CabinDAO assigned 3 executive signatories to the Gnosis Safe account, with a requirement that 2 out of 3 signatories were required for any fund transaction. Each signatory had an individual wallet (Metamask) used to confirm the transaction.