DAOs work with other DAOs. DAOs swap with other DAOs. Introducing DAO-to-DAO swaps — the future of DAOs, work, and collaboration start now.

DAOs like GnosisDAO, Alchemix, Thales, Saddle, Sperax, Layer2DAO, and Agave have all been early adopters of DAO-to-DAO (D2D) swaps through Hedgey. Today, Hedgey V2 DAO-to-DAO swaps is available to everyone.

Hedgey D2D token swaps let DAOs and tokenized communities mutually swap tokens without an escrow. D2D swaps allow DAOs to participate in each other’s governance processes and staking opportunities, along with signaling their commitment to the partnership itself. DAOs can use our product to swap any amount of any two tokens and optionally lock them using Hedgey’s locked token NFT protocol. Locked tokens can retain Snapshot voting rights, be used for NFT-gating, along with many other benefits.

How to kick off your DAO’s next massive partnership

First step, find a DAO you’d like to swap with and join our DAO Builders Alpha group to start collaborating with a flurry of top-notch DAOs.

Once you have a swap lined up and ready to go, decide which DAO will initiate the swap. If your DAO is kicking off the swap, head over to our app.

From our app you’ll have three options to connect your wallet:

• MetaMask

• WalletConnect

• Our dedicated Safe app, directly through your Gnosis Multi-sig wallet

Once your wallet is connected, there are a few more details you need to fill in:

1. Choose the token and the amount of the token you’d like to send

2. Choose the token and the amount of the token you’d like to receive

3. Enter the wallet address that you’ll be swapping with

4. Choose whether swap unlocked or locked tokens

   1. If you choose to swap locked tokens, select an unlock date

   2. Upon completion of the swap, each DAO will receive NFTs that represent your locked tokens

   3. After the unlock date, the NFT can be burned in exchange for the underlying tokens

All that’s left to do is approve the token you are sending and initiate the swap. After the transaction is complete, you’ll see the screen below and can send the link provided to the DAO you are swapping with.

You can view or cancel the swap you’ve created on the My Swaps page, and the other DAO will be able to complete the swap on that same page on our UI.

Once the swap is complete, you’ll be able to view the swap under the Historical Swaps section on the My Swaps page.

If your swap is locked, you’ll be able to view your locked tokens in your Portfolio. You can see an example of these NFTs below from the first DAO-to-DAO swap on Arbitrum between Layer2DAO and Sperax.

Get. Started. Swapping.

We’re pulling in tons of awesome DAOs into our Hedgey DAO Builders Alpha group. Hop in, introduce yourself, and get collaborating!

For more information, check out our comprehensive DAO-to-DAO swap docs.

Documentation:

Audit: