Basic decentralized autonomous organization (DAO)
This sample project demonstrates a basic decentralized autonomous organization (DAO) that can be deployed to the Internet Computer. The basic DAO sample code is available in Motoko and Rust. You can see a quick introduction on YouTube.
basic_dao can be initialized with a set of accounts: mappings from principal IDs to an amount of tokens. Account owners can query their account balance by calling
account_balance and transfer tokens to other accounts by calling
transfer. Anyone can call
list_accounts to view all accounts.
Account owners can submit proposals by calling
submit_proposal. A proposal specifies a canister, method and arguments for this method. Account owners can cast votes (either
No) on a proposal by calling
vote. The amount of votes cast is equal to amount of tokens the account owner has. If enough
Yes votes are cast,
basic_dao will execute the proposal by calling the proposal’s given method with the given args against the given canister. If enough
No votes are cast, the proposal is not executed, and is instead marked as
Certain system parameters, like the number of
Yes votes needed to pass a proposal, can be queried by calling
get_system_params. These system params can be modified via the proposal process, i.e. a proposal can be made to call
update_system_params with updated values. The below demo does exactly that.
View the canister service definition for more details.