an edited version of benzillas list for all you noobs out there:
1: Make a faction
2: Put a faction module on your faction\'s base
3: Activate the module by pressing R on it and clicking \'\'Enter faciton signature\'\'
4: Press R on the module again and click \'\'Make faction home base\'\'
5: Make a docking mechanism ATTATCHED TO THE FACTION BASE
6: make sure your ship has a faction module, if it does,press r and click \"enter faction signature\"
7: dock your ship to it and it is considered part of your home base, and your ship cannot be attacked or edited or salvaged.