Ownership Transfer to DAO

Objective

To transfer the authority of the DAO smart contract from the initial admin to a decentralized voting wallet or contract, enabling full decentralization.

Logic

The contract contains an authority field that determines who can execute critical functions. Once the DAO is mature, the admin can call transfer_authority to assign control to a DAO-controlled wallet or smart contract.

Anchor Code

pub fn transfer_authority(ctx: Context<TransferAuthority>) -> Result<()> {
    let dao_account = &mut ctx.accounts.dao_account;
    dao_account.authority = ctx.accounts.dao_voting_wallet.key();
    Ok(())
}

Security Notes

  • Only the current admin (authority) can trigger this transfer.

  • Once transferred, control over the treasury and protocol is held by the DAO.

  • Ownership can optionally be locked permanently by removing upgrade privileges.

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