---
# System prepended metadata

title: Moloch V1 => Moloch V2

---

# Moloch V1 => Moloch V2

Documentation to assist in migrating members, shares, and funds from a Moloch V1 DAO to a Moloch V2 DAO.

## 0. Motivation

Experiment with more tokens / assets Start test a warchest.
Battle test Moloch V2
Sponsor process for more accessible membership
New members can go make a proposal without being in the DAO - Pledge in escrow
Efficiency - Reduced overhead for more DAO interactions
New governance structures - Non-voting share - multi-tokens 
More intuitive proposals

## 1. Prep for migration

In order to maintain a smooth migration period, ensure all past proposals have been processed and new proposals are put on hold until all members have succesfully ragequit. 

For the Guild, we set a week as a sufficient migration period. 

Make sure you take a snapshot of all members, shares, and funds before beginning the mass ragequit.

## 2. Mass Ragequit

[How do I ragequit?](https://daohaus.club/help#Rage)

Each and every member should keep their own snapshot of shares held, and funds returned after ragequit, in order to cross-reference.

For example: 

Alice has 100 Shares in the DAO. Share Value is 0.035wETH per Share. When Alice ragequits, they get 3.5 wETH returned.

Once ever member has ragequit, the Moloch V1 is closed out and migration to V2 can begin.

## 3. Mass Migration

Link or info on how to summon (forthcoming)?

Link or info on how to submit proposal (forthcoming)?

Each and every member should submit a proposal to the Moloch V2 with the same values they ragequit from the Moloch V1.

For example:

Alice would submit a proposal with a tribute of 0.035 wETH and request 100 Shares.

##### Instructions

Navigate to /Proposals and then click + New Proposal
Choose ‘Member’
Fill out the following:
* Title: ‘OG Member: Ven Gist (@vengist)
* Description: ‘can put anything’
* Link: ‘can put anything’
* Tribute: amount you ragequit from Raid Guild Classic
* Shares: amount you ragequit from Raid Guild Classic
* Click Submit! 

A member can champion your proposal into your voting.


## 4. Mass Sponsorship

Once member proposals are submitted, the Summoner can start to 'sponsor' the first proposals, which moves the proposal into the 'Voting' period. 

Once all member proposals are sponsored, the DAO will have to vote 'yes' on each one, and when they all 'pass', the Moloch V2 DAO is ready for ongoing coordination.

### FAQ

**What happens if I don't ragequit in time?**

You will not be a member of the dao, and will lose Raid Guild Member status. You will stil be a member in the V1 DAO and you're free to use that how you like.

**What happens if I don't put my funds in the V2?**

You will not be a member of the dao, and will lose Raid Guild Member status.

### Notes

If Raid Guild Classic does not act, they will be liquidated + socially shamed.

Period Duration - Amount of time that a proposal can move from the queue to be voted on

Champion (automatically) > Waiting Queue (until next slot opens up) > 

Loot > Non-voting shares > 





