How to Brick your DAO 🧱

Top ways to Brick 🧱 your DAO:

  1. Set the minimum accepted Quorum Percentage of Votes in your DAO to 100%, and then lose access to the only Wallet Account which can vote 😱.

Lesson

Reconsider whether a high 100% Quorum is necessary, and make sure you always have a backup of your Wallet Account secret recovery phrase.

2. Go to the Aragon Forum for help and copy/ paste the private keys of the Web3 Wallet controlling your DAO. Someone found the private keys, took control of your wallet and is now in control of your DAO 😱.

Lesson

Never ever share 'secrets' like your private keys, secret recovery phrase, or something else secret on a public forum, Discord server, or not even in a direct message (DM), there are a lot of scammers out there looking for this info.

3. Mint new DAO tokens to the address of the DAO, instead of to a DAO member, which makes the 'DAO address' the largest token holder. DAO addresses can not vote, and since it is the largest DAO token holder not a single vote can be enacted anymore 😱.

Lesson

Only mint DAO tokens to DAO members wallet addresses, and never send them to a smart contract such as the address of your DAO.

4. You have a bad actor in your DAO and want to get rid of him by removing/ burning all of his DAO tokens. Accidentally you remove/ burn all of your own DAO tokens, and the Vote to do so has already been approved by your DAO members! Now you lost control over your DAO 😱.

Lesson

It's easy to make fatal mistakes, always double-check the details when making transactions in your DAO.

Last updated

Was this helpful?