What is LOD3 Finanace Dao about?
LOD3 Finance DAO is a fully decentralized autonomous precious metals finance organization that’s all about democratizing access globally to silver and gold by utilizing Decentralized Finance Protocols (DeFi). The LOD3 team is made up of a community of advocates committed to the restoration of silver and gold to the monetary system. LOD3's mission is to make digital silver (AGX) and gold (AUX) accessible to everyone, breaking down barriers and providing a stable, secure way to be part of the global economy.
The ethos and values of LOD3
- Transparency: Users can see all transactions and holdings on the blockchain, so nothing is hidden.
- Security: LOD3 utilizes cutting-edge decentralized protocols to ensure the utmost security for your assets.
- Governance: Community token holders help shape the LOD3 ecosystem through democratic voting.
Benefits of voting and staking $LOD3 tokens
Governance gives users the right to vote and participate in community proposals and important matters within the LOD3 Finance DAO. By providing staking services, users are supporting the $LOD3 Token Protocol, strengthening the networks and earning rewards to boost their holdings.
Introducing the Reward Generator (RG3N):
RG3N is the central mechanism that operates the LOD3 Finance DAO Ecosystem. Smart contract infrastructure gleans the emissions from the reward streams in the ecosystem. It notifies stakers via the LOD3 Wallet that rewards are available to be self-claimed.
Eight staking reward streams
- Minting: Minting occurs upon acquisition of the precious metals.
- Account abstraction: Enables smart contracts to autonomously handle transactions and fees.
- Exchange revenue: Fees from decentralized exchanges.
- Arbitrage:
Spot Plus — fees from transactions above spot price.
Spot Under – fees from transactions below spot price.
- Redemption: Fees for converting digital assets to physical precious metals.
- Money market: Fees from lending and borrowing within the ecosystem.
- Transaction fees: Fees from various transactions across the platform.
- Peer-to-peer trading: Sending or receiving $LOD3 tokens peer-to-peer.
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