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Decentralized Autonomous Organization

The lottery contains a Decentralized Autonomous Organization which governs the lottery thanks to a system of votes according to the possibilities authorized by the smart contract.

🧐 How to be part of the DAO

You must have :
  • LOTA token
  • Stake them

💰 What does the LoTerra DAO earn?

​✅ Currently

Lottery 🎰

  • 20% of the winner's winnings on the Lottery LoTerra
  • 20% of the winner's winnings of the Dogether no-loss lotteries

🌀 Curio marketplace

  • 1.5% to 5% on every sale

🔜 In the future?

  • 🐶 ScoobyDAO

  • a % of the winner's winnings of ScoobyDAO lotteries

🎁 And more...

🔍 DAOs can vote to modify :

  • ⏳ Frequency of draws
  • 💰 Rewards:
    • 🔐 Staking rewards up to 20% (currently 10%)
    • 🏆 Winners rewards per ranks 1 to 4 in percentage
    • 👷 Worker rewards up to 10% of 10% (currently 1% of 1%)
  • % The total jackpot reward percentage
  • 🏷 Price per combination (lottery ticket currently at 1UST)
  • 🛫 Migration:
    • 🎰 Lottery contract address
    • 🔐 Staking contract address
  • 🏦 DAO capital funds

🗳 If total yes vote weight superior >50% and total NO vote weight inferior <33% of LOTA power agree :

The vote is accepted
Even more, possibilities will come with the new games 🎮

🏦 DAO holds 1,050,000 LOTA to finance projects!

Check the Tokenomics​