New Feature: Disburse Funds
We’re excited to announce our newest feature that lets members disburse funds among the members in a Collective.
An important part of managing an investment club DAO is deciding how to disburse funds that are earned through the DAO’s activities.
We’ve launched this function to simplify liquidity. This allows DAOs to divide funds among its members proportionate to the percentage of their DAO holdings.
Here’s what you need to know:
- You can choose the amount of ETH you want to disburse across the DAO
- How much ETH each person receives is directly proportional to their ownership in the DAO
- A proposal must be proposed and passed to be able to successfully disburse funds
To use this feature, begin writing a new proposal and choose the “Disburse ETH” command.
If this feature sounds helpful for you, try it out today!
For any feedback or feature requests, write to us at [email protected].
If you want to create a DAO, you can get started here.
