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Jason K. Willard edited this page Jan 3, 2022 · 222 revisions

Loci Mutual is a real estate DAO building the mutual ownership economy

The DAO is managed by multi-category experts for Loci associates building the mutual ownership economy.

Compare the DAO with traditional individual direct ownership:

  • avoid real estate property taxes and other taxes on material costs
  • limit federal income tax liability
  • eliminate cash principal and interest expense converting mortgages to non-cash growth tokens (Loci CMBTs)

Loci Mutual governance token owners direct DAO assets and reinvest all gains. All DAO cash net of expense and liquidity reserves is reinvested durably in mutual property to benefit Loci GLOBAL (LG) holders long term.

Quick Start

  1. Review the association use agreement
  2. Create a private wallet at Metamask.io
  3. Use Loci Mutual d-apps securely and privately beginning January 11, 2022:
  • Mint Loci USD with USDC, USDT or DAI

  • Acquire LG at auction with LUSD

  • Swap LUSD for real estate tokens

Mission: expand access to cost-effecitive Texas housing

Loci Mutual is devoted to the ecosystem of associates using Loci USD, expanding access to cost-effective housing: residents paying rent with LUSD, patrons spending LUSD merchants, merchants collecting LUSD from patrons, selling real estate to the DAO for LUSD, and stable coin investors swapping LUSD for real estate tokens.

Method: managers organize a No Gas Marketplace for associates to exchange collateralized Loci smart contracts

Loci Associates engage the DAO in 4 fundamental ways:

  • Spending power users: spend and invest LUSD to hold LG and Loci CMBTs for tax deferred growth
  • Experts: produce, direct, cashier or manage Loci Mutual real estate
  • Liquidity Providors: stake capital to create liquidity pools for the benefit of DAO participants
  • Residents: grow individual property and mutual equity with a secured mutual property lease

Semi-autonomous regional directors manage DAO cashiers and treasury

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