Factions allow players to work together towards common goals and causes. Any player can form a faction by going to the “Faction” option on the top menu of the game.
To accept an invitation, check the “Logs” option from the top menu of the game.
To send an invitation, you must be a part of a faction and be a rank P1 or P2.
Each faction has a bank. Funds can be deposited and withdrawn from the bank by any faction P1. If a faction controls a system, any fees from goods sold within the system will be automatically deposited within the faction bank.
A faction can change the diplomacy settings for other factions from this option. There are three options:
Any incoming combat logs regarding your faction can be found here.