A Salt and Battery of Mutual Tokens
Loci Mutual is producing a battery of smart contracts for mutual governance of a commercial residential real estate DAO building the mutual ownership economy
The real estate DAO will be govered by holders of a smart contract, LG, utilizing the Ethereum main net, created as a hybrid ERC-20 and ERC-1155 for multi-class voting. LG and LGy token owners govern the DAO durably.
At the time of distribution, LG contracts will be swappable for ETH, USDC, USDT and select stable tokens.
Following distribution of LG tokens, Loci Mutual will be governed by smart contract with Loci associate voting conducted using withtally.com.
The mutual property DAO will create smart contract for spending, collections, and direct investing in commercial tokens secured by DAO property such as:
- Loci USD stable token minted by users with ETH, USDC, USDT, and other select stable tokens.
- Loci Bells, multi-tranche $1 growth tokens, are available for registration by holders of Loci USD in two forms:
a. Web3, home, auto, and food industry directors will launch tokens financing semi-independent DAO growth.
b. Project token proceeds finance property acquisitions, planning, design, construction, and startup operations for commercial residential real estate, auto industry properties, food distribution and web3 DAO properties
Loci Mutual teams are building the mutual ownership economy with merchants and producers, for those same merchants and producers to own DAO property mutually with their patrons and vendors.
