Q: How does a deposit in cryptocurrencies work?

1. Talk to your referrer, they will be happy to help you. If you are new to the crypto sector, visit our weekly Zoom workshops and webinar presentations. The dates and links will be communicated to you in our Telegram group. https://t.me/+28DqSgX2j7phNDJh (https://t.me/+28DqSgX2j7phNDJh) You can arrange a personal consultation appointment with our team of advisors at any time by email. Simply let us know your preferred date. Email our team of advisors: info@webinarlxxdao.com(mailto:info@webinarlxxdao.com)

Question 1

How can I become a member of LXX DAO and benefit from it?

Accepted Answer

If you want to become a member, you need
LXX DAO Governance Tokens. This will make you a member of the LXX DAO and give you voting and profit rights.

If you don't have a Metamask Polygon USDT wallet yet and need help

Click here to go directly to the explanatory video (https://www.youtube.com/watch?v=EvqZ-donG3g)

Question 2

Is there a profit guarantee?

Accepted Answer

Even though monthly returns have historically ranged from 10% to 20%, we cannot guarantee a minimum return, as returns depend on many variables. As with stocks, even if returns are achieved continuously, they cannot be guaranteed.

However, investing in LXX DAO offers you more security than investing in centralised institutions, thanks to 100% transparency. In addition, unlike centralised institutions, your investment is secured in a smart contract, meaning that no one can withdraw your money without the consent of the members.

Question 3

In which currency can I make my deposit?

Accepted Answer

You can pay the deposit amount in USDT.

Please install Metamask and create a new Polygon address. Connect Metamask to LXX DAO and pay for your LXX tokens with just a few clicks.

If you need help setting up a MetaMask Polygon wallet

Click here to go directly to our explanatory video for MetaMask. (https://www.youtube.com/watch?v=EvqZ-donG3g)

Question 4

How does a deposit in cryptocurrencies work?

Accepted Answer

1. Talk to your referrer,
they will be happy to help you.
​
If you are new to the crypto sector, visit our
weekly Zoom workshops and webinar presentations.

​
The dates and links will be communicated to you in our
Telegram group.

https://t.me/+28DqSgX2j7phNDJh  (https://t.me/+28DqSgX2j7phNDJh)

You can arrange a personal consultation appointment with our team of advisors at any time by email. Simply let us know your preferred date.
Email our team of advisors:
info@webinarlxxdao.com(mailto:info@webinarlxxdao.com)

Question 5

Can I withdraw my winnings at any time?

Accepted Answer

The profits are available to you in the dashboard under Available for payout .

​
Depending on the investment, the profits will be sent to your MetaMask Polygon wallet. You determine the terms yourself. 
​
You can easily sell the LXX DAO TOKENS at any time after the IPO on crypto exchanges.

Question 6

What is the value of my deposit when I make a withdrawal?

Accepted Answer

The value of the investment is paid out in USDT. For example, if you have deposited 1,000 USDT, you will receive 1,000 USDT plus your profits.

Question 7

Isn't LXX DAO just another scam?

Accepted Answer

Unfortunately, it is true that with the boom in cryptocurrencies, more and more cases of fraud are coming to light. You can recognise clear signs of fraud from the offer itself.
​
Unfortunately, centralised institutions have many opportunities to deceive their customers.
​
Decentralised autonomous organisations such as our LXX DAO offer their customers maximum security through smart contracts. 
​
In a decentralised autonomous organisation (DAO), fraud through a smart contract is virtually impossible. A smart contract is a code that runs on a blockchain and must meet certain conditions before it is executed.
​
Once integrated into the blockchain, the code of the smart contract cannot be changed unless there is a corresponding update function in the code itself. This ensures the integrity of the smart contract and prevents third parties from manipulating the contract or withdrawing the money.
In addition, smart contracts also offer a high degree of transparency, as all transactions and rules are recorded on the blockchain. This allows participants to verify all activities in real time and ensure that the rules of the smart contract are being followed.
​
Overall, smart contracts in a DAO offer a high level of security and effectively prevent fraud or embezzlement of funds, as the code is immutable and all transactions are transparently recorded on the blockchain.

Question 8

In which currency are winnings paid out?

Accepted Answer

Dividends are paid out in USDT.

Question 9

When will my investment start generating returns?

Accepted Answer

Dividends are sent annually to all members automatically via smart contract to your private Polygon MetaMask wallet in the internal area (dashboard). Your DAO tokens entitle you to participate in profits in accordance with your tokens (profit rights). You can trade your tokens on crypto exchanges at any time, but this is not expected to be possible until 2025 at the earliest.

Question 10

Is there a minimum deposit amount?

Accepted Answer

Yes, the minimum deposit amount is 20 USDT.

Question 11

In which currency will I receive my dividends?

Accepted Answer

Dividends are paid out in USDT.

Question 12

Can I reinvest my profits?

Accepted Answer

Yes, in order to optimise your profits and take advantage of the enormous compound interest potential, LXX DAO offers you the opportunity to reinvest your profits as soon as your profit balance reaches 20 USDT.

Question 13

Why is compound interest such a big advantage?

Accepted Answer

Albert Einstein described 
compound interest as the eighth wonder of the world.
​
Compound interest is interest generated by interest, i.e. the interest for the respective period is added to the initial capital in order to generate new interest.

Question 14

What are the risks associated with Bitcoin?

Accepted Answer

Financial intelligence is required to answer this important question.
Is Bitcoin secure? That is the crucial question.
To gain a comprehensive understanding, it is essential to learn about the advantages of Bitcoin.

Of course, Bitcoin also has specific risks. Bitcoin is very volatile, which is risky for inexperienced investors because they usually panic and sell when the Bitcoin price falls, and on the other hand, they usually buy too late when the price has already risen sharply.
Professional traders profit the more volatile Bitcoin is. They profit when the price rises (long position) and they profit when the price falls (short position).
​
There are two risks to consider
​
1. Volatility: in the short term, volatility can lead to significant losses, but in the long term this is irrelevant if you look at the Sharpe ratio. https://charts.woobull.com/bitcoin-risk-adjusted-return/ (https://charts.woobull.com/bitcoin-risk-adjusted-return/)
(Risk-adjusted return) of Bitcoin, Bitcoin has the best Sharpe ratio compared to all other investments over the last 10 years.
For this reason, our trading strategy is mainly focused on the medium to long term.
​
2. As with stocks, you also have to assess the default risk. We cannot guarantee that Bitcoin will not fall to zero and become completely worthless, but all experts rule this out, and our personal conviction is that there is much less default risk with Bitcoin than with traditional stocks.

Find out more about this in our academy. Bitcoin has so many advantages that we rule out any default risk.
Incidentally, Bitcoin has impressively demonstrated its strength during the coronavirus crisis; no asset in the world has recovered faster than Bitcoin.
 
Conclusion: From the perspective of most economic and financial experts, Bitcoin belongs in every investment portfolio.

Question 15

What security does LXX DAO offer its members?

Accepted Answer

Security is a top priority for all members of the LXX DAO. 
​
Decentralised autonomous organisations (DAOs) offer their members and investors maximum security through the use of smart contracts. DAOs are organisations in which decisions and actions are based on a blockchain and are automatically controlled by predefined rules and conditions.
​
One of the biggest advantages of DAOs is that they guarantee the security of funds. Through the use of smart contracts, funds cannot be misappropriated. This means that members' investments and deposits are kept safe and cannot be manipulated by individuals or external influences.
​
Only DAO members have the right to withdraw funds. This is regulated by the implementation of access and approval mechanisms that ensure that only authorised persons have access to the DAO's financial resources. This minimises the risk of fraud and abuse and strengthens the trust of members.
​
By combining blockchain technology, smart contracts and automated governance rules, DAOs offer their members a high degree of security and transparency. This makes them an attractive option for investors looking for a trustworthy and efficient way to invest and manage their capital

Translated with DeepL.com (free version)

Click here to go directly to our explanatory video on what a DAO is. (https://www.youtube.com/watch?v=EfCiSAYtlqY)

Question 16

Why does the smart contract provide security for all members?

Accepted Answer

This explanation is somewhat more detailed, as it is a fundamentally important argument for all investors.
​
A smart contract in a decentralised autonomous organisation (DAO)
offers investors security for several reasons:
​
1. Trustworthy execution: A smart contract is a computer-based, programmable protocol that runs on a blockchain. It is verified and executed by various nodes in the network, ensuring trustworthy and reliable execution. This reduces the risk of human error or fraudulent activity.
​
2. Non-manipulable: Once set up and anchored on the blockchain, a smart contract cannot be changed retrospectively. This ensures that the terms and rules set out in the contract cannot be manipulated to the detriment of investors.
​
3. Automated governance: A smart contract can contain programmable governance rules that control the decision-making and actions of the DAO. This enables transparent and predictable governance, where the rules are clearly defined for all parties involved. This minimises the risk of abuse of power or arbitrary decisions.
4. Funds cannot be misappropriated: A smart contract can be programmed to restrict the use of funds and ensure that they are only used for specific purposes. This prevents funds from being diverted or misused by individuals or groups without authorisation.
5. Transparency: All transactions and actions that take place within the smart contract are recorded on the blockchain and can be viewed by all participants. This creates transparency and allows investors to monitor the DAO's activities and ensure
that everything is running in accordance with the established rules.
​
Overall, smart contracts in a decentralised autonomous organisation offer investors a high degree of security, as they are based on trustworthy execution, non-manipulability, automated governance, earmarking of funds and transparency.
This creates trust and reduces the risk of fraud or misuse

Question 17

How does LXX DAO realise my profits?

Accepted Answer

LXX DAO is a decentralised autonomous organisation based on a blockchain platform and operated by smart contracts and decentralised governance.

High, secure profits can be realised for its members in various ways:

1. Token economy: LXX DAO can issue its own LP token for liquidity providers.
If the organisation is successful and grows, the value of the token increases, resulting in profits for members. LP token holders can sell or hold their tokens
to benefit from the high increase in value. DAO governance token holders also benefit from this.
​
2. Liquidity pool: LXX DAO can set up a liquidity pool where members can deposit their funds to provide liquidity for specific trading or financial activities. By utilising the shared liquidity, the DAO can generate high trading profits, which are then distributed among the members.
​
3. Staking and rewards: LXX DAO can implement a staking model in which members lock up their tokens for a certain period of time and receive rewards in return. These rewards can be generated from profits earned by the DAO through its activities.
​
4. Governance Token: LXX DAO has issued a governance token that allows members to vote on important decisions. Through effective governance, members can influence the organisation's development and strategy and ensure that the DAO generates profits and manages them securely.

Question 18

Does LXX DAO use blockchain technology?

Accepted Answer

CENTRALISED organisations such as banks or stock exchanges do not use blockchain technology.
This usually leaves room for manipulation and fraud.
See recent bank failures or the bankruptcy of the crypto exchange FTX.
 
In contrast, our LXX DAO (decentralised autonomous organisation) is based on blockchain technology. 
​
The advantages of using blockchain technology for our LXX DAO are:
​
1. Decentralisation:
Blockchain technology enables LXX DAO to function without a central authority. Decision-making and administration of the organisation are carried out via smart contracts and decentralised governance, in which members make decisions collectively. This reduces dependence on a central authority and the risk of abuse or corruption.
​
2. Transparency:
Blockchain technology enables transparent and public recording of all transactions and activities of a DAO. Every member can review and monitor transactions and decisions in real time. This builds trust and reduces the risk of fraud or manipulation
​
3. Security: Blockchain technology offers a high level of security for a DAO. Transactions are recorded in blocks and cryptographically secured, making it difficult to manipulate or falsify data. The DAO can also implement various security mechanisms
to protect the funds and assets of its members.
​
4. Efficiency:
The use of smart contracts allows processes and transactions to be automated and made more efficient. The DAO can program and automate certain activities, saving time and money.
Members can also access information in real time and respond quickly to changes
or new opportunities.
​
5. Global access:
Blockchain technology enables global participation in our LXX DAO. Members can join from different parts of the world without geographical or legal barriers. This promotes diversity and competition within the organisation.

Question 19

Can I recommend LXX DAO to others?

Accepted Answer

Of course, you are welcome to recommend LXX DAO to your friends and acquaintances. They will be grateful to you for introducing them to the enormous advantages of our LXX DAO. 
​
There is also a referral programme
that offers advantages to everyone who makes a recommendation.
​
Working with LXX DAO is very rewarding.
We have also provided airdrops for active members.

Take a look at our lucrative marketing plan
Click here to watch our explanatory video about our marketing plan.
(https://www.youtube.com/watch?v=EPEmqtsuCCw)​
We also offer professional distribution companies a confidential personal meeting with the core team. 
​
If you are interested in a long-term partnership, you have found your future home at LXX DAO.

Question 20

Can I register directly with LXX DAO?

Accepted Answer

Your privacy is important to us!
 
You can connect anonymously to LXX DAO with your MetaMask Polygon wallet. 
​
To protect your privacy, no KYC is required. 
​
For more information, please contact your referrer.

Question 21

Can I make multiple deposits from the same account?

Accepted Answer

Yes, you can make deposits as often as you like.
The only restriction is the minimum amount of 20 USDT per deposit.

Question 22

Is there a referral programme?

Accepted Answer

Yes, watch our explanatory video on marketing and commission plans.
Click here to go directly to the marketing explanation video. (https://www.youtube.com/watch?v=EPEmqtsuCCw)
​
We also offer confidential personal consultations to any interested sales partners. Learn more about our airdrop benefits for active sales partners.

Please let us know by email: info@webinarlxxdao.com (info@webinarlxxdao.com)your desired date with
it's worth it!
​
​

Question 23

Do I have to pay tax on my winnings?

Accepted Answer

Yes, the profits you make are subject to the tax laws of your country of permanent residence. If in doubt, we recommend that you seek advice from an expert and always comply with the tax laws of your country.

However, there are speculation periods, and in some countries you do not have to pay tax on Bitcoin if you have owned your Bitcoins for more than a year.

Question 24

What does LXX DAO earn?

Accepted Answer

In LXX DAO, no single company owner has more profit rights than other members.
​
The profits realised are paid out to all members according to their number of tokens. No one is disadvantaged or given preferential treatment. 
​
Acquisition of governance tokens: To be eligible to receive profits, you must purchase governance tokens from the organisation.

​Your referrer is available to answer any questions you may have.
We also offer regular workshops for all members to answer any questions.

Question 25

Are there any other fees?

Accepted Answer

In our decentralised autonomous organisation, fees are indeed low because many processes are automated. Here are some reasons why this may be the case:
​
1. Elimination of intermediaries:
The use of smart contracts and blockchain technology eliminates intermediaries and brokers. This reduces the costs normally associated with their involvement.
​
2. Increased efficiency:
Automated processes enable transactions and operations to be handled more efficiently. This saves time and resources, which can lead to lower costs.
​
3. Lower administrative costs:
Since there is no hierarchy, the associated administrative costs are also eliminated. The organisation functions autonomously and decisions are made by the members themselves, which can lead to lower costs for administration and coordination.
​
4. Transparency and trust:
The use of blockchain technology and smart contracts promotes transparency and trust in the organisation. This can lead to members being willing to accept lower fees, as they know that the processes are fair and transparent.

Question 26

Are there regular workshops?

Accepted Answer

Yes, there are weekly workshops to effectively support active sales partners.

To participate in the workshops, simply join our Telegram Group: ‘LXX DAO SUCCESS TEAM’.

Click here to go directly to the LXX DAO SUCCESS TEAM (https://t.me/+RXm5geY_kNI2ZjRh)