Play Star Atlas with $100 and $20 per month – DAO

Summary

The video introduces another way to engage with Star Atlas – participating in the game’s governance through the Star Atlas DAO (Distributed Autonomous Organization). The presenter walks the viewer through the process, beginning with the viewer navigating to the DAO icon on the left side of the Star Atlas website, which takes them to the govern.staratlas.com platform.

The viewer then connects their Phantom (or other Solana) wallet to the DAO, creating an account to participate. The main functions within the DAO are staking POLIS tokens and earning POLIS Voting Power (PVP), which enables the viewer to vote on governance proposals. The presenter demonstrates locking 10 POLIS tokens for a 2-week period, which grants 0.7 PVP. However, the viewer initially runs into an issue of not having enough SOL in their wallet to complete the transaction.

After topping up their SOL balance, the viewer can successfully lock the 10 POLIS tokens, seeing the updated PVP and upcoming reward claims in the DAO dashboard. The viewer then explores the active governance proposals, reading through the details but refraining from casting any votes, as this is intended as a beginner’s guide.

The summary highlights that participating in the Star Atlas DAO is another way for players to engage with the game’s governance and decision-making processes.

Video Topics


Video Transcript – Play Star Atlas with $100 and $20 per month – DAO

[00:00:00] One other way that you can play Star Atlas is to actually get involved in the governance part of Star Atlas. This involves the Star Atlas DAO, the Distributed Autonomous Organization. When you’re on the main screen here, if you go over to the left side and you look for the icon that has the DAO, you can go ahead and click on that.

[00:00:19] That will actually open up in another website called govern. staratlas. com. Once this new website opens, you can actually go ahead and launch the Govern app. Again, you’ll need to connect it to your Fantom wallet or whichever Aslana wallet you’re using. So go ahead and connect to Fantom. So because Star Atlas is a game built on the Solana blockchain, there are many times we’re going to have to perform a transaction on the blockchain.

[00:00:47] In this case, you’re basically creating your account for the Star Atlas DAO. So we’ll see again information here, the wallet I’m connecting, and again, Click connect, go ahead and process that transaction. Once that’s done, you’ll see that your wallet’s connected and that you have different things here.

[00:01:04] So there are a couple things I’ll just kind of go over briefly, but this would be something you can explore if you’re interested in this. So one, you can actually use a locker or two, stake your different Star Atlas tokens. So in this case, you can stake your Polis locker. If you were to lock your Polis at different timeframes, that’ll allow different voting power.

[00:01:25] You can also state your stake, your Atlas, which will also give you discounts on the marketplace. In this case, in order to get access to the proposals, we do need to go ahead and lock our Polis. So I’m going to go ahead and click on lock Polis.

[00:01:40] And at the top here, you get some information about the entire ecosystem. We’ll see. There’s our 10 POLIS that we have in there. We haven’t locked any and we don’t have any locker expirations. Down here you’ll see your different wards and your voting power. Now, again, we don’t have anything locked so we don’t see that.

[00:01:56] You can actually lock for a different set of time periods here. You have the ability to lock for two weeks, a month, three months, six months, all the way up to five years. Each one of these comes at a different level of PVP, which stands for POLIS Voting Power. power and they’re there. So I’m going to go ahead and select just the two weeks because this is just a demo.

[00:02:18] I’ll go ahead and type in, but I’m just going to go ahead and hit 10. So we leave a few tokens out and we’ll see our polls voting power and some of the charts here. If everything looks good, go ahead and click on the lock tokens. Again, big word of caution, I am locking this for two weeks. So until physically, Or, not physically, but until two weeks actually goes by, I have no access to this.

[00:02:41] There is no way to get them out early, or anything like that. So this is basically giving it to the Starhouse DAO to temporarily hold it for those two weeks. In exchange for that, you get Polis voting power, and you will actually, if we scroll back up, you will get a little bit of claim rewards. Very small amount because we’re blocking a small amount, but that’s what it is.

[00:03:03] And again, you can do research on different options here. So go ahead and click on lock tokens. But again, it confirms that we want to do this before we do. So we lock the tokens. And this case we have an error message that you need at least 0. 15 Sol in your wallet to complete this transaction. So we’ll go ahead and close that and we’ll go back to our phantom wallet.

[00:03:25] And we’ll see that our Solana, unfortunately, is only 0. 11 at this point. So this is again, a perfect example of how you’re basically paying. Again, we started with the idea of 100 and my recommendation is to think of it like a monthly plan where you’re going to continue to put in money.

[00:03:44] You’re not just giving them 20 and things, but to do different things, you may need to add some stuff. So in this case, let’s go ahead and up that a little bit. But I should mention here that we’re, it’s actually not going to cost us that 1. 5. That is more of just, you have to have a minimum number. Why?

[00:04:01] I’m not sure, but the actual transaction will be much smaller than that. So we’ll go ahead and do another swap. And this case, again, we’ll swap in well, I will swap in enough to get up to that one. So go ahead and do a swap. We’ll go ahead and do some USDC. We’ll select the token, put it into Solana. Okay.

[00:04:24] So 5, that gives us 0. 2. And I already forgot my numbers.

[00:04:33] That’s okay. Lots of blockchains going back and forth. So we currently have 0.14, so we need 0.04. So back to swap again. We wanna swap from USDC to Solana and we wanna see what $5 gives us 0.02. Nope. So we gotta do 10. For 0. 05. Now let’s try 9.

[00:05:09] How about 8? Okay, that seems better. Okay, so we’ll go ahead and just review that order. And as long as everything looks good, we’ll go ahead and do a swap. Okay, tokens have been in there. Go back to the main screen and we’ll see that our Solana now is 0. 16. So we have enough to go ahead and continue this.

[00:05:31] So we’ll go back here, double check everything’s good. We’ll hit the lock tokens button. Go ahead and lock it. And this does happen from time to time where something’s different. So, because this is a web browser, it actually hasn’t refreshed to go back out to the blockchain to see what things are there.

[00:05:48] So even though the phantom wallet says we have 0. 16, let’s just double check. Yep, the website doesn’t. Simply go ahead and refresh that page. Okay, so we refresh that. Double check that we’re still logged into our phantom wallet.

[00:06:09] Yep, and the things are okay. So let’s go ahead again. Click lock polis

[00:06:17] I’ll go down and again, we’ll select two weeks ten tokens And we’ll lock tokens. Yep. I look to lock tokens And now we got the approval. So again, just took a refresh a pops the phantom wallet And we’ll see a few different things here. So one again, as I said, we don’t actually have to have all that Solana.

[00:06:41] So it’s only going to take out 0. 02, does have a network transaction fee, and it’s going to take our 10 Polis. So we’ll go ahead and confirm.

[00:06:53] And our Polis 10 Polis tokens have been locked for two weeks. So now if we go back, we saw the screen refreshed. We’ll see that our wallet balance now. So that’s not locked is only 0. 2. There’s our lock thing. Polis tokens. It expires in 14 days. We’ll see our next reward drop is in zero, so ten minutes, then we’ll receive that.

[00:07:16] And we’ll see that now we have Polis voting power of 0. 7. And again, so long as you have some Polis voting power, you can participate in the DAO. So again, This is one way you can play Star Atlas. This then gives you the ability to go into the proposals and you’ll see that different proposals exist. These may not be the ones you see when you watch these videos because these are currently open for voting, but we’ll go ahead and just pick on this.

[00:07:42] Actually I guess we’ll go to the end cause the other ones have already been approved. So we’ll click on this one here, co sponsorship. We’ll read the full proposal details. And again, we’ll have the ability over here after we read it if we actually want to vote yes, no, or abstain. So I’m not going to vote on this case because this is just a beginner’s guide on how to do different things.

[00:08:05] But basically, that is one form of Star Atlas, which is the ability to engage with the Star Atlas DAO, the Distributed Autonomous Organization.

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