This article details how to deploy a Vintage mode Venture DAO. Before you deploy one, read the introduction to Vintage mode (including how it works) carefully to make sure Vintage mode is really right for you.

First of all, enter the Explore page of DAOSquare Incubator, and click the Summon a DAO button in the upper right corner of the page to enter the selection page of different DAO modes, as shown in the figure below:

You can deploy three different modes of DAOs by clicking on various cards. Click on the Vintage card, and the page will jump to the summon page of the Vintage DAO. From there, you can set up and deploy your DAO, as shown below:

Fill Out The Form

To deploy a Vintage DAO, you need to complete the following settings categories. Some are required, and some are optional:

• Chain
• Account
• Investor Limit
• Governor Eligibility
• Investor Eligibility
• Voting
• Genesis Governors

Chain

You need to choose which network to deploy your DAO on. Currently, DAOSquare supports only Base and the Base Sepolia test network for testers. It's important to note that once your DAO is successfully deployed, you won't be able to change the network. Consider this carefully or discuss it with your team before making a final decision.

Account

The Account is your DAO's unique name on the DAOSquare Incubator, similar to an ID, so it cannot be repeated. Currently, once your DAO is successfully deployed, you won't be able to modify the Account. However, DAOSquare Protocol reserves modifiable features that will be available in the future, allowing you to modify your Account at that time.

The Account supports multiple languages, spaces, and symbols. Maximum 32 characters.

Investor Limit

You can limit the maximum number of investors in a fund by using the Investor Limit. Note that the Investor Limit defines the number of investors in a fund, not the total number of people in a DAO (which includes non-investor governors). The Investor Limit is an optional feature that you can enable or disable via a toggle. Turning it off means there is no limit to the number of investors a DAO can have. The Investor Limit supports updates, so you can modify it with a proposal even after your DAO is deployed.

Governor Eligibility

There are two main types of roles in Vintage DAO: Governor and Investor. The Governor role is responsible for the DAO's governance and investment decisions, with voting rights on the DAO's governance as well as investment decisions. An Investor is the fund provider in the DAO. See Roles of Vintage DAO Learn about these roles.

There are two ways to become the Governor of a Vintage DAO:

1. The creator (Summoner) adds anyone (wallet) to the DAO creation page via the Genesis Governors module to be Genesis Governors. No one else needs to approve this addition.
2. After the DAO is successfully deployed, a Governor can nominate others to become Governors through the Governor-in proposal. This requires other Governors to vote for approval to successfully join.

The Governor Eligibility component helps the DAO set criteria for becoming a Governor nominee. When a Governor initiates a Governor-In proposal to nominate someone, only individuals who meet the eligibility criteria (such as holding an NFT) can be considered nominees. Once the proposal is submitted and approved through voting, the nominee becomes the Governor of the DAO. Governor Eligibility specifically applies to the submission of the Governor-In proposal. The image below shows the parameters set for Governor Eligibility:

In DAOSquare Incubator, Eligibility is a very important component of Venture DAO, which can help DAOs of different modes to manage the entry barrier for their roles. Please see Eligibility to understand how specific parameters are introduced and how to use them.

Governor Eligibility is an optional feature that you can turn on or off with a toggle. Turning it off allows any nominee (wallet address) to be verified and submitted when the Governor-In proposal is submitted. Governor Eligibility supports subsequent updates, meaning that even after your DAO is deployed, you can still modify all parameters of Governor Eligibility through the Governor Eligibility proposal.

Investor Eligibility

In the Vintage DAO, an Investor is someone who successfully deposits during a fundraising of fund to participate in the DAO's investments. You can use Investor Eligibility to specify who can participate in the advance deposit of the DAO's fundraising. Those who receive investment shares will become the DAO's Investors. For example, you can set a fund that is only open to people who hold a certain amount of a specific token.

The Investor Eligibility parameters are set the same as the Governor Eligibility. Please see Eligibility to understand how specific parameter is introduced and how to use it.

Investor Eligibility is an optional feature that you can turn on or off with a toggle. Turning it off means that anyone (wallet address) can advance a deposit during the fundraising period. But only those who are ultimately allocated a share of the investment can become investors in the DAO. Investor Eligibility supports subsequent updates, which means that when your DAO is successfully deployed, you can still modify all parameters of Investor Eligibility through the Investor Eligibility proposal.

Governance Voting

In Vintage DAO, Governance Voting defines the decision-making mechanism of DAO in matters such as investment decisions, eligibility, and DAO contract upgrades. Only Governors has the right to propose and vote. Governance Voting applies to all governance and investment decision proposals of Vintage DAO.

The Governance Voting setting consists of six parameters: Voting Asset, Weight Algorithm, Support, Quorum, Voting Period, and Execution Period.

The following table provides a brief description of these six parameters.

See the Voting System for a detailed introduction to the Voting System.

Genesis Governors

Summoner can set up the DAO's Genesis Governors through the Genesis Governors function. Genesis Governors are not limited to the Governor Eligibility, which means Summoner can add any address to be Genesis Governors when summoning a DAO.

Adding a Genesis Governor is easy. Just enter their wallet address, click the "+" button, and they will be added to the list. If the person has set up Profil3 (a decentralized DID product), Preview will display their Avatar, Name, etc. You can also click "Remove" to take the person off the list.

If the Voting Asset in Governance Voting is set to ERC20/721/1155, then you need to click "CHECK" to see if there are any added persons in the list where the Voting Asset is 0. This helps avoid creating a dead DAO with no governance.

If the Voting Asset in Governance Voting is set to Allocation, then you need to allocate the amount of Allocation to the added persons. See the Voting System for details on Allocation.

The person who fills in the Summoning DAO is called DAO Summoner, and the Summoner is one of the Genesis Governors by default.

Genesis Governors is an optional feature. If Genesis Governors is turned on, the Summoner address will automatically appear in the Genesis Governors list, and if it's not turned on, after the form is submitted and the DAO is successfully deployed, Summoner will become the DAO's sole Genesis Governor by default.

Genesis Governors could be kicked out through the Governor-Out proposal. After the DAO was established, any new Governors would be added through the Governor-In Proposal, but they would no longer be called Genesis Governors.

Submit and deploy

Once you have completed these Settings, you can click the "Submit" button to submit the deployment request, and when you confirm the transaction in the wallet and execute it successfully, congratulations, your DAO deployment is successful! You can access your DAO by clicking "View" in the prompt window. You can also find it on the "Explore" page.

On this page

• Fill Out The Form
• Chain
• Account
• Investor Limit
• Governor Eligibility
• Investor Eligibility
• Governance Voting
• Genesis Governors
• Submit and deploy