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.

๐Ÿง How to be part of the DAO

You must have :
  • LOTA token
  • Stake them

๐Ÿ’ฐ What does the LoTerra DAO earn?

โ€‹โœ… Currently

Lottery ๐ŸŽฐ

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

๐ŸŒ€ Curio marketplace

  • 1.5% to 5% on every sale

๐Ÿ”œ In the future?

  • ๐Ÿถ ScoobyDAO

  • a ๏ผ… of the winner's winnings of ScoobyDAO lotteries

๐ŸŽ And more...

๐Ÿ” DAOs can vote to modify :

  • โณ Frequency of draws
  • ๐Ÿ’ฐ Rewards:
    • ๐Ÿ” Staking rewards up to 20% (currently 10%)
    • ๐Ÿ† Winners rewards per ranks 1 to 4 in percentage
    • ๐Ÿ‘ท Worker rewards up to 10% of 10% (currently 1% of 1%)
  • ๏ผ… The total jackpot reward percentage
  • ๐Ÿท Price per combination (lottery ticket currently at 1UST)
  • ๐Ÿ›ซ Migration:
    • ๐ŸŽฐ Lottery contract address
    • ๐Ÿ” Staking contract address
  • ๐Ÿฆ DAO capital funds

๐Ÿ—ณ 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 ๐ŸŽฎ

๐Ÿฆ DAO holds 1,050,000 LOTA to finance projects!

Check the Tokenomicsโ€‹