LandX for the Layman, Part 4 — The Transparency

It’s always been essential to understand an investment before aping in.

Especially in crypto.

ESPECIALLY recently in crypto.

Which is why LandX is structured as a decentralized autonomous organization (DAO) — to guarantee transparency and fairness for everyone involved.

That means critical governance issues like protocol fees, treasury holdings, maximum loan amounts, and other core components are influenced by LandX users.

To accomplish this, we use the $LNDX token.

By now, you already know the reasons to hold xTokens & cTokens, but why hold $LNDX?

• To become a validator that onboards farmers into the LandX ecosystem, partners are required to stake $LNDX tokens.
• For the degens who love LandX but hate the price stability of tokens like xTokens and cTokens, $LNDX provides more volatility because it’s directly linked to LandX’s growth.
• $LNDX holders earn a percentage of all platform fees generated from xToken yield. As the earning potential of xTokens grows, the amount of generated fees scales to bring more returns to $LNDX holders.
• $LNDX also comes with the voting rights needed for users to weigh in on governance proposals.

And those proposals are pretty important.

They control how treasury funds are managed. Understanding them is a must for responsible investors.

Everything from guaranteeing solvency to ensuring the development and stability of the entire LandX ecosystem rests on the shoulders of protocol wallets.

Every part of LandX is carefully designed to deliver safe and reliable exposure to the commodities investors have demanded for decades.

This is why the structure of our wallets is deliberately separated into specific funds with specific uses.

But don’t take our word for it. Check out the Dune Analytics dashboard already in place to give 100% transparency into the movement of these funds.

Well, that’s all farmers. You’ve made it through to the end of our LandX for the Layman series.

Now it’s time to get busy.

For more information, make sure to follow our Twitter, jump in the Discord, follow this Medium, and head to the Testnet to prove your early bird status.

We look forward to getting our hands dirty with all you future farmers in the very near future!