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Your Project's Bank

Once you and your co-founders enact the agreement and your organization in is place, you will also have access to your bank.

The bank is where all tokens and coins available for spending are.

How do I see my bank?

Go to your project, Bank tab. What you will find on the page:

  1. The equivalent of your bank's content in USD.
  2. The actual content of the bank, in native tokens and other coins or tokens your project owns.

What is the bank

How to I get funds in the bank?

At the moment, the bank only supports project tokens and USDC. We will continue to increase our support for different coins.

Project Tokens​

In order to have project tokens in your bank, you need to create a pool for the community.

When creating an intermediate or an advanced agreement, the Equity step allows you to configure pools.

If your organization doesn't have a pool or you need another one, you can always create them. To do this, you need to open a Create Pools type of vote, under Governance project tab.

Other Tokens​

Deposit​

You or anyone else can deposit tokens in your project's bank.

All you need to do it:

  1. click on Deposit
  2. Copy the bank address from the pop-up
  3. sent the tokens to the bank

Deposit

get bank address

  1. The tokens are now displayed on the Bank tab

tokens are displayed

danger

As a security measure, new token types are not automatically added to your bank. If you recognise the deposit and want to add them, you need to register the token.

info

Registering a new token to your bank requires the team's approval.

  1. Click on "Register"

Register token

  1. Select the token from the dropdown
  2. Submit

Register token

  1. A chain transaction is initiated and requires your approval. If approved, a vote is created -> you can see the proposal on the Governance tab.

governance

  1. If the vote passes, the token will be registered.

Selling NFTs​

Soon!

How can I use the funds in my bank?

Witdhraw funds​

You can always withdraw funds, as long as you have the team's support.

  1. Go to the Bank tab and click on Withdraw

withdraw

  1. Select the desired token, amount and wallet address where you want the tokens sent.

details

  1. A chain transaction is initiated and requires your approval. If approved, a vote is created -> you can see the proposal on the Governance tab.

withdrawal vote

  1. If the vote passes, the transfer will be processed.
info

Unregistered tokens can't be withdrawed.

Compensate freelancers​

The tokens in your bank can be used to compensate freelancers for their work.