# DAO Basics

Next, you will need to configure the DAO settings. We’ll walk you through what each of these terms means as we go.\
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**Token address** - the smart contract address of the token that your community uses to pool assets. If you have not yet created one, you will need to. You don’t need to be a smart contract developer to do this. You can assign certain amounts to certain addresses as per your case requirements.

*Please not&#x65;**, you cannot use an NFT token for voting on Homebase.** If you enter an NFT token on this screen, your DAO will fail to complete at the end of the creator.*\
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**DAO Name** - Usually this is your community’s name.

**Token Address** - the address of your token. If you created a token in the previous step, this is the address you copied on the last screen.

**Token ID** - In Tezos’ FA2 token standard, one token address can have multiple IDs. For example, you might have one token that is for one sub-set of voters to vote on a specific aspect of an organization, and another for a different subset. Or you might have different tokens that have different utility functions. Unless you created multiple ID's, the default is 0 and you can enter that.\
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**Token Symbol** - the abbreviation for your token, as set up when you created your FA2 token.\
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**Description** - What does your community do with this DAO? This is most often a one-line description of your community.\
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**Guardian** - a person/address who can drop a proposal at any time. See an offensive/spammy proposal? The guardian can drop it without asking. Once this looks good, click on continue (bottom right of the screen).
