How to participate in DAO

Web version:

Preparation:

1. Install the MetaMask wallet plug-in in the browser and configure the Heco network

2. There are CAN used for DAO pledge and HT used as transaction gas fee in the wallet

Pre-tutorial (including the content of withdrawal transfer and wallet configuration)

How to buy CAN

>>https://channelsofficial.gitbook.io/channels-official/guan-yu-channels/cao-zuo-zhi-nan/mai-can-jiao-cheng-buy-can-xin-ban

1. Participate in pledge

1.1 Open the Channels official website https://channels.finance/on the webpage, and click [DAO] at the top of the page to enter the DAO pledge and governance interface

1.2. The DAO interface is divided into two sections, "Channels DAO" and "Channels Proposal" section, click [Wallet Authorization] in the "Channels DAO" section, select [Confirm] after the metamask transaction request pops up, and the authorization is successful to participate in the DAO pledge .

1.3. Click [Deposit] and enter the amount you want to pledge, and [Confirm] the transaction in the wallet will complete the pledge

2 Withdrawal reward

DAO pledge income consists of two parts, one part is the income obtained from pledge mining, the other part is the weekly fee dividend, the income is settled by CAN, and the receiving location is different

Mining reward

The income from pledge mining will automatically accumulate with the block, click on [Receive] in the income column to submit

3.Cancel the pledge

To reduce the risk of speculation, a three-day lock-up period was set up to cancel the pledge. To withdraw CAN, you need to [apply for withdrawal], and confirm the withdrawal loss twice, the wallet [confirm] the withdrawal application is successful after the transaction

After the withdrawal application is successful, the page will display [Withdrawal Time], and the assets applied for withdrawal after 72 hours of lock-up must be manually [withdrawn] into the wallet (there is no CAN coin mining income during the withdrawal lock-up period, and no dividends will be paid).

During the withdrawal lock-up period, click [Cancel Application] and [Confirm] the wallet transaction, the assets will return to the DAO pledge pool, and continue to receive mining and dividend income (no profit during the withdrawal lock-up period).

4. Participate in voting

Users can participate in DAO governance voting in the "Channels Proposal" section of the DAO interface.

Click on the proposal to enter the proposal details page. 1CAN corresponds to 1 vote. The voting channel is open for a limited time. After the vote is closed, only the results can be viewed. The project party will execute the proposal according to the option with the most votes.

Mobile Version Tutorials

Mobile phone operations are similar to computer operations. Please note that using Channels on your phone requires the help of a wallet APP. For detailed tutorials, please check the link:

Preliminary preparation:

1. Install the MetaMask wallet plug-in in the browser and configure the Heco network

2. There are CAN used for DAO pledge and HT used as transaction gas fee in the wallet

Related tutorial: (Attach link)

Buy CAN Tutorial

https://channelsofficial.gitbook.io/channels-official/guan-yu-channels/cao-zuo-zhi-nan/mai-can-jiao-cheng-buy-can-xin-ban

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