6. DAO Protocol

The major affairs of LM are managed and decided by the Decentralized Autonomous Organization (DAO).

As the world's first metaverse platform for the gaming industry, DAO is at the core of the entire platform governance. LM DAO manages the liquidity of LMG and LMT through a set of DEFI2.0 protocols, and the value of the entire platform is also derived from PCV (Protocol Controlled Value).

This set of DAO protocols is coded for the following purposes:

1. Prevent the project team, early-stage big players, and institutional big models from selling tokens to gain liquidity.

2. Support the long-term development of the economic system and control the price of DEX tokens through the DAO vault protocol.

3. Openly and transparently distribute platform income among community members.

4. Supervise the daily work of the foundation, operation team, and development team.

As mentioned above, the game token LMG is equivalent to the chips (Chips) in a real casino. Since most of the LMG has been handed over to the DAO protocol for control, LM has also become the first casino to fully hand over the chips to the community treasury for management.