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Loci Mutual is a real estate DAO building the mutual economy
The mutual DAO is managed by multi-category experts for Loci associates to protect their spending power. Compared to traditional real ownership and investing associates:
- avoid property taxes and other costs by mutual charitable pursuit
- limit federal income tax by mutual pursuit of a charitable purpose
- reduce cash expense by converting interest expense to non-cash token growth (Loci CMBTs)
Loci Mutual token owners direct DAO mutual 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.
- Review the association use agreement
- Create a private wallet at Metamask.io
- Use Loci Mutual d-apps securely and privately beginning January 11, 2022:
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Mint Loci USD with USDC, USDT or DAI
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Acquire LG at auction with LUSD
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Swap LUSD for real estate tokens
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