LOC Node Token

ABSTRACT

PROJECT SCOPE

  1. Those who possess token holdings in their wallets and intend to convert partial or all of their token to all of the nodes offered on the LOC platform Essentially, the value of the wallet is mirrored directly to their wallet with certain types of coins allowed on the platform.
  2. Those that are going to lend out for those who borrow, should be able to either get a node or connect their protocol to the wallet used. Full or partial holding can then be connected to a node. Once the holdings have been converted to nodes on the platform, rewards will be received from the invested platform and also LOC Node token. These tokens will amplify the rewards for other platforms, enable and verify transactions with ease.
  3. Request a loan or provide a node.

1. INTRODUCTION

1.1 Scope

1.2 LOC Aims

1.3 Mission Statement

1.4 Major Characteristics of LOC Node Token

2. LOC OVERVIEW

2.1 LOC Node Token User Flow

2.2 Types of LOC Nodes

2.2.1 Benefits of Running a Full Node

3. IMPLEMENTATIONS & ARCHITECTURE

3.1 Design Protocol of LOC Node Token

3.2 Protocol Requirements

3.3 Lending Protocol

Introduction

Core Lending Protocol

4. PRODUCT REQUIREMENTS USER FLOW

4.1 Token Deposition

4.2 To Convert Holdings

5.3 Rewards from Node Loan Request

5.4 When Launching Nodes

5.5 For Liquidation and Wallet Conversion

5.6 Liquidity Against Nodes

5.7 Access to Governance Voting

5.8 User Risks

5. MARKETING STRATEGY

6. TOKENOMICS AND COMPOUNDING REWARDS

11. SUMMARY

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Elizabeth Highams

Elizabeth Highams

Tech Copywriter

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