LandWorks
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Payment & Fees

Payment Options

Any lender, depositing land is able to configure the payment type in which they want to charge rent. The supported payment types are a whitelisted set of assets. Currently supported payment options are ETH and USDC. The protocol, governed by EnterDAO can have the payments options changed with a passing governance proposal.

Protocol Fees

There is a default protocol fee of 3% (charged from the lender) every time a renter pays rent to the landowner. The fee is a revenue stream for the DAO and DAO token holders have the ability to vote on changing the protocol fee.
One common problem for DAOs is the diversification of the DAO Treasury. Since lenders are able to define various payment options, the protocol fee will be comprised of various assets that will act as a diversification mechanism for the DAO's treasury.

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