Looking to launch a proposal for your DAO? In this step-by-step tutorial, we walk you through exactly how to create, simulate, and publish an on-chain DAO proposal using OpenBook (openbook.to).
From connecting your wallet with native passkeys to setting up automated ERC20 token transfers, you'll learn how to structure your proposal for maximum voter clarity.
⏱️ Timestamps
0:00 – Introduction to OpenBook.to
0:20 – Connecting Your Wallet (NYKNYC Wallet & Free Gas)
0:44 – Navigating the DAO Dashboard & Governance Tab
0:58 – Step 1: Drafting Proposal Details (TL;DR, Summary, & Specs)
1:34 – Step 2: Adding On-Chain Actions (ERC20 Token Transfers)
2:14 – Step 3: Running Simulations & Publishing On-Chain
2:40 – Wrap Up & Next Steps
đź“‘ Key Takeaways from This Video
The Perfect Proposal Structure: Learn the "TL;DR" framework (The WHAT, the COST, and the WHY) to make it easy for your community to vote.
Automated On-Chain Actions: How to set up executable transactions like sending ETH, transferring ERC20 tokens, or altering governance settings.
Risk Mitigation: Why you should always run a transaction simulation before officially publishing your proposal.
đź”— Resources Mentioned
Recommended Wallet: NYKNYC Wallet (Get $5 in free gas upon registration)
#DAO #Web3 #OpenBook #CryptoGovernance #Blockchain #DeFi #Ethereum #Arbitrum