CCO How to and FAQs

# CCO How to and FAQs ## CCO2 Process Overview TODOs - [] Add link to CCO Recap - [] Edit how to join UberHaus - ### 1. Check Eligibility We've scraped every known dao contract, including 'The DAO', Ethereum's first major attempt at a DAO. If your address has interacted with a DAO before, you should be eligible to contribute. _List of contracts_ ### 2. Contribute Contributions are open until max target is reached. 1 HAUS = 8.88 xDAI #### Round 1 Starts at 8am EST March 15th Runs for 4 Days Ends 8am EST March 19th min contribution per person: 50 xDAI max contribution per person: 5,000 xDAI min target: 500,000 xDAI target: 888,888 xDAI max target: 1,111,110 xDAI #### Round 2 (IF needed) IF max target is not reached by the end of Round 1, then Round 2 begins. Max contribution per person is raised to 50,000 xDAI Starts 8am EST March 19th Runs for 3 Days ### 3. Claim Claiming opens Tuesday, Mar 23 at 12pm EST IF min target is not reached after Round 2, contributors will be able to withdraw their original xDAI contributions. IF min target is reached, contributors will be able to claim their proportionate HAUS tokens. ## FAQ xDAI Quick Start Add xDAI network to Metamask (button) How to get xDAI 1. Swap to DAI on a DEX (recommended: link to uniswap) 2. On Mainnet: Use the Bridge to send the DAI to yourself on the xDAI network (link to bridge) 3. Switch to xDAI network, and you'll have xDAI ready to contribute. What is a CCO? CCO stands for Community Contribution Opportunity. It is an opportunity for the wider community to contribute to an early stage project, and receive tokens back as proof of that contribution. Why is the CCO on xDAI? To encourage wide participation. Gas is too damn high on mainnet, and we were concerned that only whales would participate, i.e. it wouldn't make sense to contribute $50 if it costs $50 to execute the transaction. Though for some it will require more effort to get onto xDAI initially, transactions will be more like ~$0.001 and thus any amount makes sense. How will HAUS be used? > [name=Dekan.eth]will manage total token supply and farm rewards HAUS is mainly meant for governance of the DAOhaus platform. Holders can stake HAUS for signal governance and yield. DAOs on the platform can stake their HAUS for direct governance and 3x yield. Why is there a max contribution per person? As HAUS is meant mainly for governance, we are striving for wide participation and distribution.