Creating a Squad
Create and launch your Squad on Prysm in a few easy steps.
Prysm allows for gas-free Squad creation. Follow the steps below in order to create your squad and explore the platform.
Enter a name, mission and avatar for your Squad, and click "Next" when completed.
Review your squad details and funding parameters before creating your squad.
After reviewing your squad details, you can click "Create Squad" which creates your squad account. At this point, you will be able to explore some of the features inside the product.
Your funding parameters set in the previous step will transfer to a queued funding round, which you can find in "Active Tasks" on the dashboard as well as in the Funding round tab. To accept deposits into your Squad, you need to activate your wallet.
Activating your wallet is an important step to get your squad started. This will allow you to fundraise from your community and subsequently transact with these funds on-chain.
You will be able connect this wallet to other apps like Discord, Vulcan, WalletConnect and more to access or utilize external platforms.
Review signing members and signer thresholds before activating your wallet.
Follow these steps to create and activate your wallet.
- Add Signing Members: Signing Members are admins that manage the Squad. As a group, these members can add/remove members, issue proposals, and ultimately govern the funds in the wallet. This should be a group of 3-10 members.
- Activate your wallet on-chain: Review your details and activate your wallet on chain. This will require a gas fee and can take a few minutes depending on on-chain activity.
After activation, you can find your wallet address at the top of your Squad Dashboard. All contributions via funding rounds will sent to you this wallet address.