LPI AS A DAO
The LPI project is structured as a DAO, designed on a strategy of sustainability with a diversified portfolio of Launchpad tokens which strength comes from the collective. The LPI DAO will operate through the LPI DAO Snapshot page where fund decision-making will be voted on. DAO governance can be structured through automated smart contracts, however, for tasks that require investment selections, creative thinking, innovation, and the assumption of responsibility which will be the majority of decision-making needed for the fund, the DAO, through Snapshot, enables and facilitates human engagement. Every decision-making process starts with a proposal, and the LPI Token that members hold represents and grants individual members the power to cast decisive votes.
Community Driven
The primary objective of LPI is to enrich all members of the community that holds the LPI Token through revenues of the fund, a benevolent incentive structure, and their active participation will drive the fund towards greater success. The DAO will make decisions through a community-based voting process on Snapshot. That explains why we have deliberately chosen to involve the community at decisive moments of investment and development of the LPI DAO project rather than keeping them as passive bystanders. With a strong community backing, the LPI Token will be in a position to grow steadily as prospective investors gain confidence in first-to-market offerings.
Decision Making
The success of the LPI DAO fund is what investors are buying into, therefore the proactive participation of all community members is crucial for the governance of key aspects of the fund, which includes voting on the suggestions put forth relating to resource allocation, investment options, and profit distribution, this will enhance the fund’s success and overall operation. LPI DAO, therefore, grants every LPI Token holder the power to exercise consensual decision-making. The protocol, allows every LPI Token holder to submit their vote on the proposals as well as submit proposals to the DAO core who will, in turn, put the proposal to vote for or reject the proposal. Using the reliable voting system in place, all stakeholders then vote on the proposal (s), thereby having a say on which proposal to adopt.
Fund Resources
The allocation of resources has a great impact on the LPI fund. As such, investors and all holders of the LPI Token should have the consensual power to vote on the options put before the DAO. To this extent, the LPI Fund project allows the DAO to choose how funds are allocated. This builds confidence among investors and facilitates transparency, enabling all members to monitor transactions in real-time. With LPI, the community will be able to vote on proposed ways to utilize the funds and distribute profits among Token holders. Actively involving the community will enable us to leverage a wide array of diverse ideas, positioning the fund to adopt a bullish stand in the market.
Rewards Program
Rewarding the community keeps investors engaged in the project. In this way, holders are valued within the project. A consensus among community members will decide on the major aspects such as the mechanism and type of rewards to be released. Rewards are always going to be for the benefit of the community. In this sense, the community must be able to vote and have a say on what rewards to distribute and how to distribute them.
The above mentioned serving as the main aspects of the fund which the community will contribute to and voice their opinions on, although not limited to these aspects only. The community will have the opportunity to put forwards suggestions that can be voted on.
