> For the complete documentation index, see [llms.txt](https://lazywalkers.gitbook.io/lazywalkers-litepaper-v1.0/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lazywalkers.gitbook.io/lazywalkers-litepaper-v1.0/utility/lazywalkers-dao-investment-fund.md).

# LAZYWALKERS DAO INVESTMENT FUND

The goal of the Lazywalkers project is to empower the community - the holders - to decide how to use the raised funds through the DAO. It will be up to you whether we redeem the Elrond Apes collection, Drifters, BAXC, MaiarPunks or anything else! Related to this is the choice of a farming system that ensures all holders a passive income!

We will give our community the opportunity to speak up, speak out and decide where important next steps will lead.\
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**What is a DAO?**

A DAO, or “Decentralized Autonomous Organization,” is a community-led entity with no central authority. It is fully autonomous and transparent: smart contracts lay the foundational rules, execute the agreed upon decisions, and at any point, proposals, voting, and even the very code itself can be publicly audited.

Ultimately, a DAO is governed entirely by its individual members who collectively make critical decisions about the future of the project, such as technical upgrades and treasury allocations.

Generally speaking, community members create proposals about the future operations of the protocol and then come together to vote on each proposal. Proposals that achieve some predefined level of consensus are then accepted and enforced by the rules instantiated within the smart contract.

In the case of the Lazywalkers project, the holders will be able to decide on the use of the Lazywalkers investment fund, which is 50% of the value of the project.<br>