Setting up your DAO

Click "Enter App"

• Step: Start by navigating to the LumosDAO website and clicking the "Enter App" button on the landing page.

• Benefit: This takes you directly into the LumosDAO platform, where you can access all DAO creation tools in a streamlined interface.

1. Connect Your Wallet

   • Step: After entering the app, you must connect your preferred Stellar wallet. LumosDAO supports various Stellar-compatible wallets like Lobstr, Freighter, or Wallet Connect.

   • Benefit: Connecting your wallet ensures secure interactions with the LumosDAO platform. Your wallet also holds the governance tokens ($LUMOS) used for voting and other DAO functions.

1. Create DAO

• Step: With your wallet connected, click on the "Create a DAO" button in the dashboard. This begins the setup process for your decentralized organization.

• Benefit: This step makes the transition to decentralization easy and accessible, whether you are experienced or new to DAO creation. The process is designed to accommodate all skill levels.

1. Choose Blockchain

• Step: Select the blockchain on which you’d like your DAO to be based. LumosDAO currently supports Stellar and is designed to accommodate cross-chain functionality in the future.

• Benefit: Choosing the right blockchain helps align your DAO with your project goals, whether they are focused on governance, finance, social causes, or investment.

1. Pick a Project Type

• Step: Choose the type of project that best fits your DAO’s focus. This is to state if it has an existing token or not. If you have an existing token, the process is straightforward and you can get your DAO setup quickly using your token abbreviation and TOML link. If you are new, it is a little bit different because you will be creating a token at the same time as creating the DAO. Read more about tokenomics if you don't know what that means.

• Benefit: This selection tailors the structure of your DAO to the specific needs of your community, helping ensure that the framework supports your mission effectively.

1. Describe and Launch your DAO

Step: Fill in the key details for your DAO, including a unique name, description, and logo that represents your organization or community. These details help convey the vision and purpose of your DAO to potential members. Once you’ve configured all settings and provided the necessary information, review everything and click the "Launch" button to make your DAO live. Your DAO will be officially deployed on the blockchain, and members can begin joining, participating, and governing.

Benefit: A clear and compelling description and logo will attract members by communicating your DAO’s goals and vision. Launching your DAO marks a significant milestone—opening the doors to decentralized governance where members can create proposals, engage in discussions, and vote on decisions. This makes your DAO fully operational within the LumosDAO ecosystem.

1. Share Your DAO

   • Step: After the DAO is launched, share it with your community. LumosDAO provides options to generate a direct link, share via social media, or invite members directly through the platform.

   • Benefit: Engaging your community early is vital to building momentum for your DAO. By sharing your DAO, you encourage participation in governance, discussions, and the decision-making process, helping foster a strong, active membership.

1. Manage Your DAO

   • Step: Use LumosDAO’s intuitive dashboard to manage your DAO. Monitor proposals, voting activity, and overall community engagement. You can also access advanced features such as treasury management (coming soon), proposal history, and analytics.

   • Benefit: The dashboard simplifies DAO management, providing real-time insights and easy access to all necessary governance functions. This ensures that you can keep your DAO running smoothly while staying connected with your community.