💫Beginner's Guide to Threshold Group
Open MetaDAO ->Threshold Conditions and click on "Start Setting Threshold". Note: Owners need to pay 1 AMAX per month. If not renewed, it will become an open discussion group.
Set the "User Asset", which refers to the token-holding condition that the joined user needs to meet. You can choose "Token Balance", fill in the type and amount of the token, and click "Confirm".
Alternatively, select 'NFT Balance', fill in the type and quantity of the NFT, and click "Confirm".
Set the "Renewal", which means the token/NFT that users need to pay to the owner when joining the group. You can choose "Token Payment", fill in the price and user payment cycle (1/3/12 months), and click "Confirm".
Alternatively, select "NFT Payment", fill in the type, quantity, and user payment cycle (1/3/12 months) of NFT payment, and click "Confirm".
The threshold group is successfully set. You can click "Edit" to change the conditions. Before the due date, the owner needs to click "Renewal" to renew the payment. If not renewed, the threshold group will become an open discussion group. Click 'Close Threshold', the threshold conditions will become invalid.
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