Create DAO
1.0. Create Coins (Optional)
Begin by creating an SPL token if you have not already done so. Provide a name, symbol, and any other token metadata you wish to include. Confirm the parameters and finalize your token creation. Once the token is generated, you will have a mint address that identifies your newly created coin on the Solana blockchain. Keep this mint address accessible for the next steps.
1.2 Revoke authorities.
All newly created SPL tokens carry mint and freeze authorities by default. To ensure the coin is truly governed by the DAO you will set up, it is critical to remove these authorities permanently. Locate the revoke authority form, enter your token’s mint address, select both mint and freeze authority revocations, and confirm. This action is irreversible, so be absolutely certain you do not need to mint or freeze additional tokens in the future.
2.0 Create DAO
After your token is created and its authorities are revoked, navigate to the DAO creation page. In this section, you will define how your DAO will operate, how treasury funds will be managed, and the parameters for proposals and voting. Confirm the mint address of the token you intend to use for governance, and proceed to the DAO setup.
2.1 Define name
Specify the DAO’s name. The default name is typically pulled from the token you created, but you can adjust this to something more descriptive of your initiative or community. Once set, this name will appear on all DAO pages and proposals.
2.2 Deposit coins
Decide how many tokens you want to place in the DAO’s treasury. The total amount you deposit here will be locked under the governance rules you set. To maximize trust and align incentives, it is common for a project to allocate a majority of the total supply to the treasury, since only circulating tokens outside the treasury count as voting power. This circulating supply is what token holders use to cast votes on proposals, including any that request withdrawals from the treasury.
2.3 Minimum Threshold
Select the minimum participation threshold, expressed as a percentage of the circulating supply. Any proposal must reach this threshold in votes to pass. For example, if your total supply is one million tokens and the threshold is set to one percent, a proposal would need at least ten thousand votes to succeed. This threshold helps protect against low-participation decisions that could harm the DAO or misuse treasury funds.
2.3 Proposal Timelock
Set the duration for each proposal, typically measured in days. Once a proposal is created, it remains open for voting until the deadline passes. The default time frame is often three days, but you can shorten or extend this depending on how fast you expect your community to reach consensus. When the deadline expires, the voting results are finalized, and the proposal either passes or fails based on whether it meets the minimum threshold.
When you have confirmed all details, finalize the creation of your DAO by submitting the transaction through your connected wallet. Once on-chain confirmation is complete, your DAO is officially live. You can then create, view, and vote on proposals, and the treasury will remain locked under these governance rules to help ensure the safety and sustainability of your project.
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