No Gas Marketplace

LG tokens and CMBTs are acquired using the Loci stable token, LUSD.

The DAO engineering team is composing a 'No Gas' marketplace using the SKALE.network for L2 services.

The 'No Gas' marketplace will serve users of the following Loci Mutual token instruments:

• Loci USD stable coin
• Loci Bell fixed growth tokens
• LG governance token

The roadmap for the marketplace features locally cashiered on-chain mimics of fiat currencies used in Latin America and the Middle East in order to expand access to cost-effective housing, food, and transportation to everyone everywhere.

Where do transaction costs or gas come from?

DAO token administration:

• Local cashiers (i.e. accepting fiat, smart contracts) (i.e. minting LUSD (mint 1.11%, burn 3%)
• DAO registration fees for CMBT owners (mint 0.78%, swap 2.11%)

Public blockchain resources:

• Level 1 gas fees (i.e. ETH mainnet) incurred at transfer or send
• Level 2 gas fees (i.e. SKALE.network) incurred at transfer or send