Discover how to securely manage Web3 governance by learning how to queue and execute DAO proposals on OpenBook.
In this step-by-step tutorial, we walk through the entire on-chain execution pipeline on the Arbitrum network. You'll see exactly how to navigate from the community discussion on daoforum.org to the live dApp at openbook.to, connect using a gas-sponsored NYKNYC wallet, and move a proposal through its final stages.
We also dive deep into the critical security architecture behind blockchain governance. You'll learn why a timelock queue is absolutely vital for protecting your DAO treasury from multi-million dollar malicious exploits, and how it gives community members a fair window to react before changes go live.
⏱️ Timestamps
0:00 — Introduction & Finding OpenBook via DAOForum
0:35 — Connecting Your Wallet (Using NYKNYC for Sponsored Transactions)
0:58 — Reviewing Proposal Details & Verifying on Arbiscan
1:22 — How to Queue the DAO Proposal
1:41 — Why Do We Queue Proposals? (Preventing Malicious Exploits)
2:28 — Testing the Timelock (Why Immediate Execution Fails)
2:54 — Verifying the DAO Treasury Balance (DFR Tokens)
3:14 — Executing the Proposal & Final On-Chain Verification
3:35 — Syncing the Treasury & What's Next (DAO Ledger Tracking)
đź”— Mentioned Videos & Resources
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💡 What’s Next? In the upcoming video, we will cover how to accurately record these types of token movements in your DAO Ledger so your community can effortlessly track token movements and verify operations transparently.
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