Ergopad Documentation
  • Introduction
  • Disclaimer
  • Our Philosophy
  • Tokenomics
  • Staking
  • IDO Guide
    • The IDO process
    • How to get ErgoPad Tokens
    • How to stake ErgoPad
    • How to Whitelist for IDOs
    • How to contribute to DAOs
    • How to redeem vested tokens
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  1. IDO Guide

How to contribute to DAOs

PreviousHow to Whitelist for IDOsNextHow to redeem vested tokens

Last updated 2 years ago

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When you contribute, you are joining a DAO and pooling your funds with other members of the community to fund the development of the project. The team will use those funds to develop what they promised, and the community will be able to vote on future expenditures.

To contribute, navigate to the contribution form. Connect your wallet as before.

The form will tell you how many whitelist tokens you have for this round. You can claim up to that number of governance tokens for that DAO. Once you put the amount in the box, you can choose to contribute either Erg or SigUSD. Select which, and below the total number will be displayed.

Accept all the terms of the form, and then you will be able to submit the transaction.

That's all there is to it! Once the transaction has confirmations, you will see a Vesting Key in your wallet for that round. The next page explains how to redeem those tokens as they unlock.