The Token Manager is the app that is used to manage membership and voting power in an organization. To add members to an organization, it’s as easy as minting and assigning a token to them.
With the Democracy template, one token equals one vote, and members can hold as many tokens as are issued to them. With the Multisig template, one token also equals one vote but members cannot hold more than one token each.
This simple process for managing membership and voting power provides the foundation for governing the resources of an organization.
In the Holders section of the Token Manager app you can see the current list of tokenholders and the balance of organization tokens they each hold. Clicking on the dropdown menu on one of the rows in the list will provide you options for assigning more tokens to that tokenholder or removing tokens from the tokenholder.
In the Token Info section you can see information about the token that is used for governance in your organization:
- Token supply: how many tokens have been minted in total
- Transferable: whether or not the token can be transferred to another entity after it has been assigned
- Token: the token name and token symbol
In the Ownership Distribution section you can see which entities own what percent of the organization’s token supply. This can be helpful as a spot check to see how token ownership is concentrated in the organization.
If you click the Assign Tokens button, a panel will open up with text fields for entering the address of the entity you want to assign tokens to and how many tokens you want to assign. After you enter this information, you can click the “Assign tokens” button in the panel to finish completing the action.