Create a new Mini-DAO

Chelo Lending user guide

To create a new Mini-DAO: We only need to click “Add Mini-DAO” in our sidebar, once we do that we will be redirected to this screen:

The created Mini-DAO follows the same standard as Aragon DAOs:

Dao name: a unique ENS name that must be already in use in the chain we are working on.

Type of dao: a selector with the types Membership, Company and Reputation DAOs.

Vote duration in days: how long each votes takes before being closed

Support required: support required to approve a vote

Minimum quorum: Minimum quorum or participation to approve a vote

Member list: Members to be added into the mini-DAO, if its a reputation or company type it will also show the initial stake each member will have.

Once we click “Save” a transaction will appear in our wallet. That transaction will create a vote in our main DAO to create our mini-DAO.

Note: the real time feature is still under development. To see your changes (new mini-dao, new loan, loan repayment, new pool, etc) you must refresh the app.