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 win?

โ€‹โœ… Currently

    a ๏ผ… of the winner's winnings on the Lottery LoTerra

๐Ÿ”œ In the future?

๐ŸŠโ€โ™‚๏ธ Dogether

    a ๏ผ… of the winner's winnings of the Dogether no-loss lotteries

๐Ÿถ ScoobyDAO

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

๐ŸŽ And more...

It will be like that on all new LoTerra games and components

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€‹
Last modified 8d ago