As a paid LRSNode program member through NFT minting, mining $LRS on Larissa's official pool (pool.larissa.network) earns you an additional reward. You'll receive 0.01% of your mined $LRS value in LRSN tokens, directly enhancing your earnings for contributing to the network's security and strength.
The LRSN DAO allocates 23% of its collected $LRS monthly to members who've minted NFTs, based on NFT levels. Distribution is as follows: Level 1 NFT holders receive 5% of the funds, Level 2 NFT holders are allocated 8%, and Level 3 NFT holders benefit from 10%. This structured approach ensures a fair and tiered reward system, directly rewarding members' engagement and investment in the DAO with $LRS coins, further enhancing their participation value.
The LRSN DAO allocates 23% of its collected $LRS monthly to members who've minted NFTs, based on NFT levels. Distribution is as follows: Level 1 NFT holders receive 5% of the funds, Level 2 NFT holders are allocated 8%, and Level 3 NFT holders benefit from 10%. This structured approach ensures a fair and tiered reward system, directly rewarding members' engagement and investment in the DAO with $LRS coins, further enhancing their participation value.
The LRSN DAO dedicates 20% of its $LRS collections to fund project development. This allocation covers future development costs, marketing, collaborations, and other essential growth activities. By reinvesting in its ecosystem, the DAO ensures the sustainable expansion and enhancement of the Larissa Blockchain, benefiting all participants.
The LRSN DAO allocates 35% of its collected $LRS funds to acquire ASIC miners for mining LRS on Larissa's official mining pool. The rewards from mining blocks will either be distributed among the program participants by the DAO or burnt to decrease the overall supply, based on the decision made through voting by paid members. This strategy aims to enhance the network's value and offer direct benefits to the community while maintaining democratic control over significant decisions.
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The LRSN DAO will allocate 22% of its $LRS collections towards listing Larissa on prominent exchanges such as XT.com, MEXC, KuCoin, OKX, Bybit, Upbit, HTX, Binance, and Gate.io. Additionally, this fund will be utilized to supply liquidity on decentralized exchanges (DEX) like Uniswap, Pancakeswap, and 1inch. This strategic use of resources aims to enhance Larissa's accessibility and presence in the crypto market, fostering broader adoption and ensuring liquidity for users across various trading platforms.
The LRSN DAO is a self-governing entity dedicated to fostering innovation on the Larissa network through financial support for emerging projects.
Revenue for the DAO is sourced from diverse channels, including the returns from LRSNode sales, unique NFT-based membership dues, and proceeds from the Larissa mining operations both pool and ASIC-powered farms.
Expenditure for the DAO is judiciously directed towards development, providing regular profit distributions to members, and investment into promising ventures.
DAO membership confers the privilege of voting on key decisions and exclusive perks, such as monthly profit disbursements in LRS currency and participation in LRSN staking programs.
The DAO is committed to progressive enhancement, continuously integrating new sources of revenue and expanding benefits for its member base.