# About Lore

A Multichain Wallet for Groups to Win Together

Lore is a Group Wallet experience for co-owning NFTs and memecoins across Ethereum, Solana, Base, Arbitrum, Blast and many other chains.

<figure><img src="/files/BTo8UQ9ZkDIhjRCk5tP1" alt=""><figcaption></figcaption></figure>

### Benefits of Using Lore:&#x20;

* Groups can pool funds to access expensive assets and exclusive rewards by managing shared wallets across many chains.
  * These wallets can be secured by the entire group or delegated to members to make transactions on behalf of the Group.&#x20;
* Group Wallets allow friends to share opportunities and learn about crypto and investing together. With Lore, your group never misses out on what’s hot in crypto.
* Crypto gains are more fun when experienced with friends, with Lore you can begin onboarding your friends to crypto by sharing opportunities with them.

<figure><img src="/files/hX0cABnqbylN9tLWwfW4" alt=""><figcaption></figcaption></figure>

### **What can I do with on lore**&#x20;

* **Manage the full Group Lifecycle:** From formation we track all of the member's equity based on contributions. You can then add more member and capital and even manage exits while Lore tracks member equity but still gives you control for edge cases.&#x20;
* **All-in-one shared wallet manager:** Pool resources in shared wallets that you can seemlessly manage and get transparency into. View aggregated and wallet-level and member-level PnL.
* **Seamlessly transact across web3:** Connect to any dapp to make swaps, NFT trades and explore everything crypto has to offer.&#x20;

### Lore Video Overview

{% embed url="<https://vimeo.com/814850137/b560bd2985>" %}

### Explore More:

* Watch the [product demo](/about-lore/demo-and-use-cases) for a hands-on walkthrough.
* Join the [Lore community](https://discord.com/invite/ourlore) and connect with other groups.
* Dive into our resource center for [detailed guides and tutorials](broken://pages/CMaA6IQyoLEEyffhyk7U).


# Demo & Use Cases

{% hint style="success" %}
Lore is for groups of 5 to 100 that typically originate out of casual group chats, alpha groups, social clubs, NFT communities and memecoin communities.
{% endhint %}

### Here is an Overview of Use Cases and a Product Demo&#x20;

{% embed url="<https://www.loom.com/share/2f4aa94c14e34c6eb3260d5aaab3e0cc>" %}
Lore Demo
{% endembed %}

{% hint style="info" %}
Groups on Lore start out accomplishing one simple group investing goal — and then grow into a continuous group.
{% endhint %}

## First-Time Use Cases:

### <mark style="color:orange;">Buying Expensive NFTs with Friends</mark>

**Want to own a piece of a valuable NFT but the price tag is too high?**

**Problem: ❌** Many "blue chip" NFTs, are out of reach for individuals.

**Solution:** ✅ **Lore's** [**Group Deposits**](/getting-started/what-is-a-group-deposit) feature allows your group chat to pool funds while Lore tracks everyone's ownership stake. Team up with friends to pool your resources and buy NFTs together!

**Example:** [Right Clique Save](https://app.lore.xyz/app/right-clique-save/funding-round/cl97v00vd0004l70glns5ht7b) pooled 69 ETH with 13 friends to purchase a CryptoPunk!

### <mark style="color:orange;">Earn Bigger Airdrops with Your Crew</mark>

**Want to maximize rewards from your favorite SocialFi games and memecoins?**

**Problem:** ❌ Many SocialFi projects, like Memeland, and memecoins, like Bonsai, offer higher rewards for users with larger holdings.

**Solution:** ✅ Pool ETH, NFTs and ERC20s for equity. Connect your Lore wallets across dapps on Solana, EVM and Bitcoin to farm. **Lore's** [**External Wallets**](/getting-started/attach-external-wallets) **and** [**Equity Events**](https://docs.lore.xyz/getting-started/equity-events) features allow you to team up with friends and pool your resources together!

**Example**: [MVPrysm](https://mvprysm.com/) staked 1200 ETH of SuperCrewz (110 ETH each) to earn 5x more $MEME airdrop for 30 members.

### <mark style="color:orange;">Invest for your friend</mark>

**Want to get your friends invested in crypto without overwhelming them?**

**Problem:** ❌  Your friends are messaging you to get them invested in all the memecoins you're shilling in the group chat. Without Lore, you'd be accepting personal payments and managing a spreadsheet.&#x20;

**Solution:** ✅ Using Lore's user-friendly interface you can easily share a link for them to deposit funds into. Today you can deposit from a CEX, soon you'll be able to deposit via fiat onramps using Apple Pay.\
**Example:** [Members of SheFi](https://app.lore.xyz/app/the-internet-mon/funding-round/clw0rr0qq0008li0d989ojk80) used Lore's Group Deposit to pool together ETH and explore memecoins on Base such as Degen.

### <mark style="color:orange;">Share Private Sale Allocation</mark>

**Private sale allocations can be limited, but sometimes you get enough to share.**

**Problem:** ❌  Without Lore, sharing allocations with friends can be a complex process involving manual tracking and distribution.

**Solution:** ✅ Pool ETH, USDC, USDT. Fund the deal. Lore's [**External Wallets**](/getting-started/attach-external-wallets) and [**Distribution**](/getting-started/understanding-equity-events/exits-payouts-distributions) features allow you to effortlessly share your private sale allocation with your friends. DM to be connected to our legal partners and spin up that LLC!

**Example**: [MVP69DAO](https://app.lore.xyz/app/mvp69daofiresale/feed) shared 15 ETH of allocation to the Memecoin ($MEME) private sale with 25 friends. They’ve distributed every claim so far to all members.

## Continuous Use Cases:

### <mark style="color:orange;">Run Your Investment Club Like a Pro</mark>

**Want to build an investment club to invest together and learn together?**

**Problem:** ❌ Managing an investment club can be time-consuming. Tracking member contributions, sharing performance updates, and keeping everyone engaged can be a challenge.

**Solution:** ✅ Lore's [**Equity Events**](/getting-started/understanding-equity-events) **and Group & Member PnL** features take the administrative burden off your shoulders. You can even spin up an LLC to access venture deals.

**Example:** The [824](https://824.fund/) Club started small, with just 3 members and 2 ETH. Using Lore's features, they streamlined their management process and grew to 35 members with over 100 ETH in assets deposited across 25 group deposits!&#x20;

### <mark style="color:orange;">Run a Memecoin Fund with Friends</mark>

**Want to help your friends tap into the memecoin craze but managing a fund seems overwhelming?**

**Problem:** ❌ You see potential in memecoins, and your friends trust your investment skills. However, manually managing a memecoin fund for multiple people can be a hassle. Tracking contributions, executing trades across different blockchains, and distributing profits all take significant time and effort.

**Solution:** ✅ **Lore's** [**Group Deposit**s](/getting-started/what-is-a-group-deposit) and [**External Wallets**](/getting-started/attach-external-wallets) empower you to streamline your memecoin fund and capitalize on opportunities across various blockchains! Create **External Wallets** on all L1s and L2s for quick action by any GPs, track and distribute earnings to LPs.

**Example:** The [Myosin](https://www.myosin.xyz/) Fund, with 4 GPs, used Lore to raise 20 ETH from 80 LPs interested in memecoin investments. By leveraging Lore's **Group Deposits** and **External Wallets**, the GPs can manage investments across Solana and Base Protocol efficiently. Each GP has their own **External Wallet** for fast execution on emerging memecoin opportunities.

### <mark style="color:orange;">Manage Your NFT Collective Efficiently</mark>

**Want to run a successful NFT collective with your fellow enthusiasts, but worried about messy spreadsheets and potential conflicts?**

**Problem: ❌** NFT collectives often involve multiple members contributing funds to acquire NFTs. Tracking individual contributions, ownership percentages, and voting rights in spreadsheets can quickly become cumbersome and error-prone. This lack of transparency can lead to confusion, disputes, and ultimately, a breakdown in trust among members.

**Solution: ✅** Lore's secure and transparent [equity tracking](/getting-started/understanding-equity-events) features help you manage your NFT collective effortlessly.

**Example:** [MVP69DAO](https://app.lore.xyz/app/mvp69daofiresale/feed) uses Lore’s **Admin Management** and **Equity Events** to streamline all the Group and Member PnL.

### <mark style="color:orange;">Empower Your Guild with Secure Treasury Management</mark>

**Want to streamline the management of your growing guild's treasury but feel bogged down by manual processes?**

**Problem: ❌**  As your Play-to-Earn guild grows, managing its treasury becomes increasingly complex. Traditional spreadsheets and single points of control struggle to handle the influx of in-game assets and pooled funds, hindering your ability to scale and maximize your guild's potential.

**Solution:** ✅ Lore's secure system simplifies guild treasury management by combining two key features:

* [**Effortless NFT Deposits:**](/getting-started/what-is-a-group-deposit) Guild members can easily contribute their in-game assets (NFTs) to the shared guild treasury. While members relinquish ownership of the deposited NFTs, they receive equity in the pool, representing their contribution. Equity is determined by the value of the contributed NFTs or ERC-20 tokens.
* [**WalletConnect Integration:**](/getting-started/connect-to-other-dapps) Seamlessly connect your guild's treasury wallet to various platforms and tools for efficient resource allocation and management. Increase member participation through [**NFT delegation**,](/advanced-features) allowing you to delegate NFTs to specific players for gameplay or other purposes.
* [**Distributions:**](/getting-started/understanding-equity-events/exits-payouts-distributions) Lore's platform supports a streamlined distribution process, ensuring that guild members are rewarded fairly for their contributions.

{% hint style="success" %}
**Remember:**

* You don't own the NFTs that are contributed. You give that up to receive equity of the pool. [**Equity**](/getting-started/what-is-a-group-deposit) is determined by the token and NFTs contributions.
* [**Admins = security, Members = participation.**](/getting-started/roles-and-decision-making) Admins are the only ones who can execute proposals. **Avoid** 3/3 for potential lock-up, single signatures for security risks, and more than 5 for slow proposals. Balance speed and security with your [**Signer Count.**](/getting-started/roles-and-decision-making)
* [**Choose your decision making style that works best for your group.**](/getting-started)
  {% endhint %}


# Co-Ownership Framework

Lore's Co-Ownership Framework is an equity tracking system over shared wallet(s) that allows groups to start small and grow both assets and members over time.

### The Co-Ownership Framework:

<figure><img src="/files/0J5aDTNaUzw4msCLdqm9" alt=""><figcaption></figcaption></figure>

### Here's how a group can grow while Lore handles all of the work in the background.&#x20;

1. **Set a Goal:** Lore Groups often start when they spot an onchain opportunity where pooling funds is advantageous. This could be an expensive NFT, a limited private sale or an exclusive airdrop.&#x20;
2. **Pool Resources & Issue Equity:** Pooling both funds and expertise allows group members to achieve far more than they could alone. Our Group Deposits feature helps groups pool together ETH, ERC20s and even NFTs and issue ownership stakes out to members.
3. **Achieve Your Goal:** Groups can then coordinate to make onchain Proposals. Many proposals can be initiated in the Lore app while others can be initiated by connecting your Lore to other DApps.&#x20;
4. **Attract New Members:** Your group's portfolio and is tracked on Lore and so is the value of member's ownership stakes. By sharing your wins groups can continuously attract new members and resources. As your Group grows you can start new Group Deposits. You can also offboard member's through Exits and distribute capital through Distributions.&#x20;

<figure><img src="/files/06u3ChdsJe17xDOUYIlV" alt=""><figcaption><p>Flex your wins and attract new members and capital! </p></figcaption></figure>

{% hint style="success" %}
﻿**See it in action Discover real groups using Lore in the** [**Use Cases Section**](/about-lore/demo-and-use-cases)
{% endhint %}


# Getting Started

Level Up Your Crypto Game: Invest Together with Lore

Tired of fumbling around with MetaMask and spreadsheets? Ready to take your crypto journey to the next level?\
\
**Lore** is here to make your crypto experience more fun, safe, and rewarding. Join forces with your friends and create a **shared crypto account** where you can invest, own, and use crypto together.

## **Getting Started: Your Adventure Begins**

### **Set Your Sights:**

* **Dream Big:** What's your crypto fantasy? NFTs? DeFi? Gaming? Let's make it happen together!
* **Plan Ahead:** Set goals, agree on profit-sharing, and decide when to cash out.

### **Build Your Group:**

* **Invite Your Group:** Gather your trusted friends and start building your Lore Group.
* **Define Your Mission:** Are you a gaming guild, a collective, or just a bunch of friends looking for fun?

### **Launch Your Adventure:**

* **Pool Your Resources:** Everyone chips in to fund your first onchain investment.
* **Pick Your Target:** Whether it's an NFT, a token, or something else, choose your first adventure together.

### **Navigate as a Team:**

* **Decide Who's in Charge:** Appoint Admins to approve proposals and keep things moving smoothly.
* **Communicate Clearly:** Use your favorite group chat platform to stay connected and share ideas.

{% hint style="success" %}
With Lore, you're not just investing; you're creating a shared experience. More friends mean more funds, more degen plays, and less **FOMO.**

Let's embark on this crypto adventure together and make some serious moves.
{% endhint %}


# Creating A Lore Group

Start accomplishing onchain financial goals together! With just a few quick and easy steps, your Group can create a Vault and join the exciting world of Co-Ownership!

{% hint style="info" %}
When you create a Lore Group you are creating a [Safe](https://safe.global/) on Ethereum or Base. \
\
We refer to Safe's as Lore Vaults. Our platform builds on Safe's secure multi-sig wallet and permissioning features. We provide a trusted interface for Co-Owning assets with friends while managing everyone's ownership stakes.
{% endhint %}

### How To Create and Activate A Group

{% @arcade/embed flowId="qrTr9xBlUjD7HQhF3pSt" url="<https://app.arcade.software/share/qrTr9xBlUjD7HQhF3pSt>" %}

{% hint style="success" %}
**Note:** After creating your Group and your Vault, you can add members to it in two ways: by contributing through a [Group Deposit](/getting-started/what-is-a-group-deposit) or by proposing adding new members through the [Add Members](broken://pages/JEIOELDrpSaRHtXwSm3N) feature.
{% endhint %}

Activate your Group to start raising funds and using them to complete quests! Once activated, you can find your wallet address on your Dashboard, where contributions made through Group Deposits will be sent.&#x20;

{% hint style="info" %}
How To Verify Wallet Address: Copy and paste it into [Etherscan](https://etherscan.io/), or add it to the [Safe](https://app.safe.global/welcome) app.
{% endhint %}


# Roles & Decision Making

Your group on Lore has a Vault, which is like a safe deposit box, but cooler! It's a multi-signature wallet your assigned Admins control.

### Roles:

* **Admins:** The guardians of the Vault. They add/remove members, approve Equity Events and approve Proposals.
* **Members:** Contributors who deposit funds and can propose ideas and vote on them (think: vault co-owners)

### Security:

* **Signer Count:** The number of Admins needed to approve Proposals.&#x20;
  * **Lower count:** Faster decisions, less secure. (think: 2-3 for small groups)
  * **Higher count:** More secure, slower decisions. (think: 3-5 for larger groups)

{% hint style="danger" %}
**Edge Cases to Avoid**\
\
3/3 for potential lock-up, single signatures for security risks, and more than 5 for slow Proposals.
{% endhint %}

### Decision Making:

* **It's up to you!** Casual discussions, formal votes, polls – choose your style.

{% hint style="success" %}
**Remember:**

* **Admins = security, Members = participation.**
* **Balance speed and security with your Signer Count.**
* **Choose your decision making style that works best for your group.**
  {% endhint %}


# What Is A Group Deposit?

Learn about Group Deposits!

### **Grow Your Vault Together: Group Deposits Explained**

<figure><img src="/files/jAJdejkujjcuH8zn1Sw9" alt=""><figcaption><p>Group Deposits</p></figcaption></figure>

### Ready to boost your Group's funds & ownership? Dive into Group Deposits!

**What it is:** Imagine a potluck dinner, but for contributions to your Vault. Anyone (existing or new members) can add funds during a Group Deposit, receiving ownership based on their contribution and the current Vault value.

**Why it matters:** Fairness! Group Deposits ensure everyone's ownership reflects their contributions, even when the Vault's value changes (think: your NFT blows up in price).

**Depositing directly?** It works, but equity is not tracked and ownership gets messy. Group Deposits **= tracking your pizza dough contributions = bigger slice of ownership!** New members join? More dough, bigger pizza, everyone wins!

### Here's how it works:

1. **Open a Group Deposit:** Admins can initiate the party!
2. **Deposit & Earn Ownership:** Contribute funds and automatically get assigned a proportional share of the Vault when the round closes.
3. **Close the Round:** Admins can lock it in, updating everyone's ownership based on contributions.

### **NFT Deposits: Power Up Your Vault with Collectibles**

Are you looking to add some extra firepower to your Vault? Lore's Group Deposits allow you to deposit your NFTs alongside traditional funds! Your rare Pepe or Azuki can contribute to your group's ownership stake.

**Before Depositing Your NFTs:**

* **Agreed Valuation is Key:** You and your group will decide on its fair market value. This ensures a proportional ownership stake based on its worth.
* **Seamless Tracking:** Unlike direct deposits, Group Deposits track your NFT contributions. This keeps things clear and ensures you get the ownership credit you deserve.

{% hint style="success" %}
**Remember:**

* Group Deposits track ownership seamlessly.
* Only Admins manage Rounds for fairness and control.
* Join in, boost the Vault, and see your ownership grow!
  {% endhint %}


# Understanding Equity Events

Group Deposits, Exits,  Distributions

{% hint style="info" %}
**Understanding Equity: Your slice of the pie.**\
\
Think of your Group like a delicious pizza. Each member owns a slice, and the bigger the slice, the bigger their ownership share.
{% endhint %}

**Member Equity:**

* When you contribute to the Group Vault during Group Deposits, you earn a slice based on your contribution and the Vault's value.
* Track your slice size (equity percentage) in the Member tab!
* Payouts or new members affect your slice size - it all gets recalculated to keep things fair.

**Two Ways to View Your Slice:**

* **Equity (%):** How much of the Vault you own compared to others (e.g., 20%).
* **Equity Value:** The value of your slice in ETH based on the total Vault value (e.g., 5 ETH).

**How We Calculate Your Slice:**

* It's like a recipe! We consider your contributions through Group Deposits, payouts, and the Vault's overall value. These are Equity Events that Lore tracks automatically, replacing what would have been a very complicated excel sheet.
* See a step-by-step example here!

{% hint style="info" %}
**Example: Alice Receives A Payout:**\
\
After Alice's payout, the equity distribution is then as follows:

* Alice: 33.3% \* 30 ETH + 0 ETH = 10 ETH; payout 10 ETH -> 0%
* Bob: 33.3% \* 30 ETH + 0 ETH = 10 ETH -> 40%&#x20;
* Charlie: 33.3% \* 30 ETH + 0 ETH = 10 ETH -> 40%&#x20;
* David: 0% \* 30 ETH + 5 ETH = 5 ETH -> 20%
  {% endhint %}

**Equity Changes Over Time:**

* Imagine the pizza grows in value - everyone's slice gets bigger! (Yay!)
* New members join? The pizza expands, and everyone gets a slightly smaller slice (but still delicious!). Although each slice is a bit smaller, everyone still owns a part of the Vault and benefits from its growth
* Members leave? Their slice goes back to the group, and everyone else's slice gets a little bigger.

This system ensures that **new members can join the Group as it grows** **while** **maintaining fairness** for existing members. Equity Events are at the heart of the Co-Ownership Framework. Everyone's ownership reflects their contribution, and as the Vault grows, everyone's slice grows as well.

{% hint style="success" %}
**Remember:**

* Equity ensures everyone gets a fair share based on their contributions.
* It changes dynamically to reflect the Vault's activity.
* We have the recipe down to a science, so you can focus on enjoying the Group pie!
  {% endhint %}


# Exits, Payouts, Distributions

Ready to cash out, share the loot, or adjust ownership within your Group? Here's a quick guide to Equity Adjustments in Your Vault:

### **Need to Adjust Your Equity? We Have Options!**

This page explains how you can control your ownership within your Group, whether you're departing entirely or taking some profits. Lore makes managing exits for liquidity a breeze.

**Exits and Payouts:**

<figure><img src="/files/07agAftZ0EC3ahJt9Hsa" alt="" width="452"><figcaption><p>Equity Events Tab</p></figcaption></figure>

* **Full Payout:** Sell your entire ownership stake and receive the corresponding value in ETH or readily tradeable tokens with the **transfer equity with the payout proposal**.
* **Partial Payout:** Sell a portion of your stake while keeping the rest. This is ideal if you want to remain involved with the Group. **Use the transfer equity with the payout proposal.**

### **Distributing the Wealth: How to Make Payments**

There are several ways to distribute funds within your Group:

* **Distribute by Equity:** Allocate tokens to members proportionally to their ownership stake in the Group. Perfect for sharing gains based on individual contribution.
* **Distribute Equally:** Distribute tokens to all members in equal amounts, regardless of ownership stake. This is a great option for sharing rewards or covering operational costs.
* **Distribute to External Address:** Send tokens directly to an external wallet address outside of your Group.

{% @arcade/embed flowId="CX93fex2Asiv9o2tnfL5" url="<https://app.arcade.software/share/CX93fex2Asiv9o2tnfL5>" %}

### **Choosing the Right Option**

The best method for you will depend on your specific needs. Distributing by equity ensures everyone is rewarded based on their investment, while an equal distribution keeps things simple. Finally, use the external address option to send funds to a different wallet or exchange.

{% hint style="info" %}
Note: Distributions do not affect anyone's equity. Since everyone is receiving a payment based on their equity stake, no one's stake needs to be adjusted.&#x20;
{% endhint %}


# Adjusting and Transferring Equity

The Transfer Equity Proposal is a powerful catch-all Proposal for Admins to handle edge cases that can occur for more mature Groups.

### Use Cases for Transfer Equity Proposal

* **Wallet Compromised:** If a Member's wallet is compromised, Admins can transfer ownership to a new wallet. Members whose wallets are compromised can share their new wallet with Admins. Admins can then add a new Member to the Group using the Add Member Proposal and then Transfer Equity to the new Member.&#x20;
* **Trading Equity Stakes:** Members may want to trade their Equity Stake with a new Member. They can do this privately off of the Lore platform and inform Admins of the arrangement they have made. Admins can add a new Member to the Group using the Add Member Proposal and then Transfer Equity to the new Member. Trading Equity privately and using the Transfer Equity Proposal is a way to avoid having to create liquidity to Exit a Member and have a new Member join.

**Other Adjustments With The Redistribution Proposal:**

* **Equity Redistribution:** Groups can import members and manually calculate their ownership mid-cycle. This is useful for importing external group members or accounting for contributions made off of Lore.
* **Manual Adjustments:** Need to fix an error or reflect someone's contributions? You can adjust ownership shares without any payouts.&#x20;

{% @arcade/embed flowId="gZAcwUVEizbHOjDrMtlS" url="<https://app.arcade.software/share/gZAcwUVEizbHOjDrMtlS>" %}

{% hint style="success" %}

### Remember:

* All these actions use your ownership stake to determine amounts.
* Exiting is always an option, and you'll get your fair share.
  {% endhint %}


# Valuations

Ever wondered how much your Group treasure trove is worth? Vault Valuation unlocks the answer!

### How Much Is Your Vault Worth? Cracking the Code on Vault Valuations﻿

**The Formula:**

Imagine your Vault is a treasure chest. Its value is the sum of:

* **Shiny Coins (ETH & Tokens):** Market value of your Ethereum and ERC20 tokens (easy!).
* **Priceless Artifacts (NFTs):** Combined manual valuation of your unique NFTs (tricky, more below!).

**Valuation: A Collaborative Effort:**

* **Floor Tracking (Automatic):** We automatically track the "floor price" for your NFTs - the lowest asking price on marketplaces. This provides a starting point, but remember...
* **Manual Valuation (Priceless!):** You, the experts, know your NFTs best! Regularly propose adjustments to reflect their true worth, ensuring fair value for everyone's individual equity stake.

{% hint style="info" %}
**Why manual valuation for NFTs?** Unlike tradable tokens, each NFT is one-of-a-kind. Your group decides its worth based on factors like rarity, utility, and your expert judgment!
{% endhint %}

**Why It Matters:**

* Track the overall profit/loss and growth of the Group's assets.
* Know your value of your Group so you can fairly issue new equity when raising funds.
* Determine fair payouts when Members want to recieve liquidity for their equity stake.

**The Valuation Challenge:**

Unlike ERC-20 tokens, NFTs trade less frequently and often have unique features. This makes pinning down their exact value tricky.

{% hint style="success" %}
**Remember:**

* Accurate Vault Valuation ensures fair treatment for all members.
* Regular updates and active participation are key.
  {% endhint %}


# Proposals

Proposals are how Admins manage transactions across Safe

**Proposals are how ideas become onchain proposals!**&#x20;

<figure><img src="/files/uNUrezcuj80Kf1nIEKkj" alt="" width="354"><figcaption></figcaption></figure>

**What are proposals for?**

* **All major decisions:** From buying NFTs, distributing profits, to managing roles and exiting deals, Proposals rule the roost.
* **Four categories to fit your needs:** Choose from Token Transfers and Distributions, Admin Management, NFT Marketplace, and even external [dapp interactions! (more later!)](/getting-started/connect-to-other-dapps)

### **How it works:**

1. Discuss ideas and vote on them in a group chat tool like Discord.&#x20;
2. Admins submit Proposals to actualize ideas.
3. Other Admins come and sign off on them until the Signer Theshold is met
4. Then boom, your Proposal has become an onchain transaction.

**Ready to explore specific proposals?**

* **NFT Proposals:** Buy and sell NFTs securely. (Blur not supported, [here is a work around](/getting-started/connect-to-other-dapps#buying-on-blur-on-lore-with-external-wallets))
* **Transfer Proposals:** Transfer ETH, ERC20s or NFTs to Members for payments, withdrawals or refunds.
* **Dapp Proposals:** Interact with any web3 app together!

{% hint style="success" %}
**Need help with Trading Tokens or Buying NFTs From Blur?**

Head over to our [dapp Interactions page](/getting-started/connect-to-other-dapps) to learn more!
{% endhint %}

### Discover How To Manage Your Shared Wallet

{% tabs %}
{% tab title="Buy NFTs" %}

### Discover How To Buy NFTs with your Shared Wallet!

Purchase NFTs across all Lore marketplaces to build your collection together. **Blur is not supported, learn how to buy from** [**Blur here**](/getting-started/connect-to-other-dapps#buying-on-blur-on-lore-with-external-wallets)**.**

**Watch our video tutorial:**

<figure><img src="/files/whl5tCYRCe7rpzqGd2aG" alt=""><figcaption><p>How To Buy NFTs</p></figcaption></figure>
{% endtab %}

{% tab title="List NFTs" %}

### **Discover How To List NFTs From Your Lore Wallet!**

**Watch our video tutorial:**

<figure><img src="/files/NSDVJoMVq7LVa3k2Qp74" alt=""><figcaption><p>How To List NFTs</p></figcaption></figure>
{% endtab %}

{% tab title="Transfer Assets" %}

### **Discover How To Transfer & Distribute Tokens!**

From payouts and exits, to distribution of rewards, and transferring of equity. We got you covered!&#x20;

<figure><img src="/files/oBnqI381soqW7yZsHcyo" alt=""><figcaption><p>How To Transfer Assets</p></figcaption></figure>
{% endtab %}

{% tab title="Admin Management" %}

### **Discover How To Manage Your Lore Wallet**

Modify how the community wallet is operated by determining who an Admin is and how many Admins are required to push transactions onchain.

<figure><img src="/files/SmRtwmJUEMOYFbA395f9" alt=""><figcaption><p>Admin Management</p></figcaption></figure>
{% endtab %}
{% endtabs %}


# Connect to other dapps

We enable your Lore collective to connect to other dapps to make any Proposal multiplayer.

**Ever wished you could use your Lore Vault for more than just storing assets?**

Lore empowers you to collaborate and execute Proposals that interact with other decentralized applications (dapps) through WalletConnect. \
\
This means you can use your Vault for:

* **Trading tokens on Uniswap or other DEXs**: Swap your tokens for others directly from your Vault.
* **Buying NFTs on platforms like Blur**: Expand your collection without leaving the Lore ecosystem.
* **Delegating your Lore NFTs or Wallet**: Give others permission to manage your assets for specific purposes.
* **Sweeping NFTs**: Efficiently purchase multiple NFTs at once.

And much more! The possibilities are endless!

### **How it works:**

1. **Initiate a Proposal**: Choose an action within a supported dapp.
2. **Connect your Vault**: Securely connect your Vault using WalletConnect.
3. **Create a Proposal:** For your group to review and vote on.
4. **Execute**: Once approved, the Proposal is executed with the combined power of your Vault.

{% hint style="success" %}
**Ready to explore?** Dive into our resource center for step-by-step guides and explore the vast world of dApps at your fingertips!
{% endhint %}

{% tabs %}
{% tab title="Token Trade on Uniswap" %}

### Dive into Token Trading on Lore

**Ready to buy, sell, or swap tokens on Lore? Buckle up!** We've made the process smooth and intuitive, whether you're a trading veteran or just starting out.

**What to expect:**

* **Seamless interface:** Navigate with ease and find the tokens you need quickly.
* **Wide selection:** Explore a diverse range of tokens, all within Lore.
* **Simple actions:** Buy, sell, and swap tokens with just a few clicks.

**Ready to see it in action? Watch our video tutorial:**

<figure><img src="/files/qv9LTJnmq9CFHPA3v99d" alt=""><figcaption><p>Token Trading On Lore</p></figcaption></figure>
{% endtab %}

{% tab title="Buy On Blur" %}

### **Buying on Blur On Lore With External Wallets**

While Lore Vaults offers a secure way to manage your group's NFT collection, they currently can't directly connect to all marketplaces due to limitations with smart contract wallets. However, you can still purchase NFTs on Blur using [an external wallet](/getting-started/attach-external-wallets).

**Here Is A How To Guide:**

<figure><img src="/files/iXQqpMybKum6cBX33EV0" alt=""><figcaption><p>How To Buy On Blur</p></figcaption></figure>

1. **Connect an External Wallet:** Link your preferred wallet (like MetaMask or a hardware wallet) to Lore. This allows you to buy NFTs directly on marketplaces that don't support smart contract wallets.
2. **Fund your Purchases:** Transfer the necessary funds from your Lore Vault to your external wallet via a proposal within the vault. This ensures transparency and group approval for spending.
3. **Buy on Blur:** Head to your chosen marketplace and [use your connected external wallet](/getting-started/attach-external-wallets) to purchase the desired NFT.
4. **Transfer NFT to Vault:** Once purchased, send the NFT from your external wallet back to your Lore Vault using a "Deposit NFT" proposal. This adds the NFT to your group collection.
   {% endtab %}

{% tab title="Delegate.Cash" %}

### &#x20;Delegate Your Lore NFTs and unlock Co-Utility!

**Group ownership of NFTs** is a powerful tool, but managing them can be challenging. **Delegation** can help! More info on the [benefits of delegating your Lore wallet here!](/advanced-features)

{% endtab %}

{% tab title="Sweep NFTs" %}

### **Sweeping NFTs on Lore**

**Looking to efficiently purchase multiple NFTs at once?** While Lore doesn't currently offer built-in "sweeping" functionality, you can still achieve this through proposals and external tools.

**Here's how it works:**

<figure><img src="/files/9lB4ys2zjRoDV9RJCkVf" alt=""><figcaption><p>How To Sweep NFTs</p></figcaption></figure>

1. **Connect to a supported dApp:** Use WalletConnect to connect your Lore wallet to a any NFT marketplace that offers NFT sweeping capabilities ([Blur Not Supported, more info here](/getting-started/connect-to-other-dapps#buying-on-blur-on-lore-with-external-wallets)).
2. **Initiate the sweep:** Select the desired NFTs and initiate the sweep process within the external platform.
3. **Create a proposal:** In Lore, create a proposal that outlines the details of the sweep, including the NFTs you wish to purchase and the total cost.
4. **Community collaboration:** Your Group members can then review and vote on the proposal.
5. **Execute the sweep:** If approved, the proposal is executed, and the NFTs are purchased as a Group and added to your Lore Vault.<br>
   {% endtab %}
   {% endtabs %}


# Attach External Wallets

If your collective holds funds on an external wallet you can add your Solana, Ethereum, Base, Blast and Arbitrum wallets to see your PnL across all wallets.

{% hint style="info" %}
External Wallets are wallets typically Metamasks or Phantom wallets the group starts outside Lore. You can add them to Lore without connecting them and they are view-only (you cant transact on them on Lore)
{% endhint %}

### Why Attach External Wallet?

Your group may start wallets outside of Lore, especially on Metamask, Phantom, etc to move quickly on an opportunity.

You can now add those wallets to aggregate holdings on Lore so you can view it in once place and get an accurate understanding of the group's portoflio.&#x20;

You can also easily transfer assets to those wallets on Lore.&#x20;

### How it works:&#x20;

1\. Navigate to the Proposals section.

<figure><img src="/files/WiYbRSzg9qsoJcOnTWqs" alt="" width="563"><figcaption></figcaption></figure>

2. Click on "Manage external wallets"&#x20;
3. Name your wallet, and add your external wallets.&#x20;
4. Now your external wallet is attached and you can view your PnL.&#x20;

<figure><img src="/files/kjNPNsGS5HuRT97moBO1" alt="" width="563"><figcaption></figcaption></figure>


# Advanced Features

Feeling overwhelmed by managing your co-owned NFTs? Delegate.cash is here to help!

**Explore Powerful Features and Gain Peace of Mind**

Delegate.cash isn't just about secure delegation and community access. We offer advanced features that empower you to take full control of your NFT experience.

### How To Delegate To A Wallet

{% embed url="<https://www.loom.com/share/da577a7555a84b72ad38fdd20d04f166?sid=63c955e6-0026-40e8-ab4d-22b3192d2fa8>" %}


# Delegate your NFTs, and access Discords

Delegate Your Power, Securely Access Discords with Delegate Cash

**Tired of compromising security to participate in NFT communities?**&#x20;

We partnered with [delegate.cash](https://delegate.xyz/) to utilize your NFTs without sacrificing your security.&#x20;

**Here's how it works:**

1. **Secure your NFTs:** Store your valuable NFTs in a secure wallet like Lore.
2. **Choose your delegate:** Pick a trusted friend or community member to act on your behalf.
3. **Set permissions:** Grant them access to your entire wallet, specific contracts (like airdrop claims), or individual NFTs.
4. **Relax and benefit:** Your delegate can claim airdrops, participate in governance, and more, while you maintain complete control.

{% hint style="success" %}
Delegate.cash empowers you to unlock the full potential of your co-owned NFTs. Start delegating and watch your Group thrive! [Learn how to delegate your wallet here!](/getting-started/connect-to-other-dapps#how-to-delegate-your-wallet)
{% endhint %}

**Benefits for both individuals and Groups:**

* **Individuals:**
  * **Enhanced security:** No more sharing private keys or exposing your entire wallet.
  * **Seamless community access:** Connect with your favorite Discords through Vulcan, securely.

Learn how to access discords with Vulcan and Collab.Land verification.

{% tabs %}
{% tab title="How To Verify A Delegate Wallet With Vulcan" %}

### How To Verify A Delgated Wallet On Vulcan

<figure><img src="/files/os5IvVKRrjWirPRfHcqV" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="How To Verify A Delegate Wallet With Collab.Land" %}
**Ready to unlock the full potential of your NFTs?**

Follow [this step by step guide](https://medium.com/collab-land/collab-land-support-for-gnosis-safe-c52f2c48c534) provided by Collab.Land
{% endtab %}
{% endtabs %}


# Safe Token Claim

Didn't qualify? Don't worry! Safe governance is considering another claim period, and Lore will be pushing for it. Stay tuned for updates!

## How To Claim Your Safe Tokens On Lore

{% hint style="success" %}
This guide is for those who transacted on Safe **before December 27th, 2022**.
{% endhint %}

There was an earlier claim period for the first half of your Safe tokens. Unfortunately, if you missed that window, you can't claim those tokens now.

**The good news:** The remaining half of your tokens are vesting until **September 27th, 2026**. Here's how to claim them (if you qualify):

1. **Check the Create Proposals:** You can find "Create Proposals" in either the Feed or the Manage section of Lore.
2. **Look for Claim Option:** See if there's an option to claim your Safe tokens.

**Important Note:** Claiming and locking your Safe tokens allows you to participate in their rewards program called Safe {Pass}.

### Video Tutorial

{% @arcade/embed flowId="S8X9dAnV6WoLjG0kcgcx" url="<https://app.arcade.software/share/S8X9dAnV6WoLjG0kcgcx>" %}


# Case Studies

Learn about some of our favorite collectives that have made millions (even during the bear market) by grouping up and deploying investing strategies to traverse the on chain world together.


# 824 fund

824 fund is an investment club that invests in NFTs and Metaverse as a squad.

<figure><img src="/files/CyFhgxIwpeLPX6QAinCc" alt="" width="321"><figcaption></figcaption></figure>

* [824](https://824.fund/) started with the initial contribution of 2.28 ETH and 3 members in July 2022 led by [Borklar aka 0xdosa](https://twitter.com/theborklar).&#x20;
* After buying Potatoz early and doubling their money they decided to expand their mission and take on new members.&#x20;
* They weren’t discouraged by the bear market and instead saw an opportunity to repeat the success of Potatoz across other high-growth & blue-chip NFTs and invest in India based art.

<figure><img src="/files/uxmh2YUYxOnd2m88X4fs" alt="" width="375"><figcaption></figcaption></figure>

* By June 2023, they expanded to 17 Members, raising an additiolnal 27 ETH. They used Lore’s Funding Rounds to raise the 27 ETH over 4 Funding Rounds.&#x20;
* Lore tracked everyone’s equity stake automatically. Below is a screenshot of one of 824’s Funding Rounds:

<figure><img src="/files/1RU4E6EklZYfnBdGDVI5" alt="" width="563"><figcaption><p>Equity change automatically with new rounds. </p></figcaption></figure>

* 824 had now expanded to not only Memeland but Madlands, Moonbirds, Creepz and many more.
* Members can join for as little as 0.69ETH and so they did. They also began offering members additional perks which were just some of the physical rewards the whole collective was receiving.

<figure><img src="/files/7wRBrm0G1GaXCVuHcOag" alt=""><figcaption></figcaption></figure>

* Now 824 has grown from [23 ETH to over 100 ETH](https://www.prysm.xyz/profile/824) in months, during the bear market.&#x20;
* They now have over 35+ members who are exceptional collectors, founders and operators.&#x20;
* The Group Leader, [0xdosa](https://twitter.com/theborklar), has quit his day job to run 824 full time.&#x20;
* Members get access to the fund upside, learnings, and curated experiences (Member dinners, Golf memberships, etc)

<figure><img src="/files/LbChCPj1E6mEyoIv4oYC" alt=""><figcaption><p>824 partners with Bangalore's homegrown chefs and brands to create an exceptional club experience for members. They have collaborated with Naru Ramen Bar, Local Ferment Co, and LUPA so far.</p></figcaption></figure>

* Here's a quote from the group leader:&#x20;

<figure><img src="/files/tupZgVnpRi0t7kpkTBOy" alt=""><figcaption></figcaption></figure>


# Memeland Crewz

Within the Memeland Ecosystem,  if you formed a SuperCrewz (107 ETH) which consisted of Captainz, MVPs and Potatoz you would be able to earn valuables and rewards.

Since forming a crew was out of reach for many people, they pooled their assets together on Lore.&#x20;

<figure><img src="/files/fUrJhn1bOLanpr3Kjq6Y" alt=""><figcaption></figcaption></figure>

[**MVPrysm**](https://mvprysm.com/) is a Memeland subcommunity founded by 3 day 1 OG’s in Memeland ([Rocket](https://twitter.com/rocket_M55), [Raymond](https://twitter.com/raymondlai819) and [Boris](https://twitter.com/chowbck)). They formed SuperCrewz on Lore which required 9 Captainz, 1 MVP and 27 Potatoz questing together.

Grouping up together to quest provides benefits every week, such as:&#x20;

1. **MVP Quest Boost -** Guaranteed Extraordinary & above rarity MAPS.&#x20;
2. **Weekly Potion Raffle -** Chance to win an extra Potion with each raffle.&#x20;
3. **$MEME Fire Sale AllowList -** Bonus AL (guaranteed) slot for $MEME coin pre-sale.
4. **$MEME Staking Boost -** Earn more $MEME

MVPrysm was able to securely group up their Memeland NFTs, assign equity ownership and handle admin signatures all on Lore. Anyone is able to join or withdraw at any time.&#x20;

### MVPrysm grew tremendously in just 1 year to 7 Supercrews, 30+ members and 1200+ Eth in assets. <a href="#block-b14519b887d245e7b2bdfdccda1640f2" id="block-b14519b887d245e7b2bdfdccda1640f2"></a>

![image](https://images.spr.so/cdn-cgi/imagedelivery/j42No7y-dcokJuNgXeA0ig/04f1d92a-c08c-4cf8-a8b9-b50e847a9e69/image-36/w=36,quality=80,fit=scale-down) **On Lore:** [Crew #79](https://app.lore.xyz/app/mvprysm-79/feed), [Crew #117](https://app.lore.xyz/app/mvprysm-117/feed), [Crew #123](https://app.lore.xyz/app/mvprysm-123/feed), [Crew #154](https://app.lore.xyz/app/mvprysm-154/feed), [Crew #170](https://app.lore.xyz/app/mvprysm-170/feed), [Crew #182,](https://app.lore.xyz/app/mvprysm-182/feed) [Crew #112](https://lore.xyz/profile/mvprysm-112)

![image](https://images.spr.so/cdn-cgi/imagedelivery/j42No7y-dcokJuNgXeA0ig/d867f390-2bad-4f56-8715-880f7250dfa3/image-37/w=36,quality=80,fit=scale-down) **On Memeland:** [Crew #79](https://www.memeland.com/profile/mvp/79), [Crew #117](https://www.memeland.com/profile/mvp/117), [Crew #123](https://www.memeland.com/profile/mvp/123), [Crew #154](https://www.memeland.com/profile/mvp/154), [Crew #170](https://www.memeland.com/profile/mvp/170), [Crew #182](https://www.memeland.com/profile/mvp/182), [Crew #112](https://www.memeland.com/profile/mvp/112)

Today, MVPrysm is the biggest subcommunity in Memeland that has it’s own brand, hosts Twitter Spaces, does giveaways and has become a group of friends that meetup IRL to hang.

<figure><img src="/files/6TIzRnZGoZMghKe8AOiC" alt="" width="375"><figcaption></figcaption></figure>

### **Quote from MVPrysm squad:**&#x20;

<figure><img src="/files/ZjZH7Y15fUW22upkyAZ2" alt=""><figcaption></figcaption></figure>

{% embed url="<https://twitter.com/MVPrysm/status/1760502215834489244?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^1760502215834489244|twgr^0300491b0d017b08740703f2bbb0c2241e925d46|twcon^s1_&ref_url=https://usecases.lore.xyz/>" %}

These group members have become good friends and hangout IRL, while creating wealth together! Having fun together has kept them involved in the Memeland ecosystem during the bear market.

Read about how to Quest on Memeland from Lore's platform here:

{% embed url="<https://lore-collective.mirror.xyz/QIii5O_W14EYkUhnWvWdsiiMDW60sfRJLV06ZiKq8no>" %}


# Proof Moonbirds

Our relationship with Proof started off when Proof Passes were over 100 ETH and the Moonbirds mint about to go live at 2.5 ETH.

<figure><img src="/files/X6vlA6RlSfkSkWP5Vhcj" alt=""><figcaption></figcaption></figure>

* Very quickly Moonbirds rose to 40 ETH and they became out of touch for many.&#x20;
* We powered several DAOs like Proof Of Conviction and [Floorbirds](https://floorbirds.xyz/) which formed to allow members access to Proof Passes and Moonbirds by pooling their funds using Lore.&#x20;
* Very quickly Moonbirds began to form into “sub-parliaments” based on traits.

<figure><img src="/files/ihT4nhKrk8UqlPzpzrWM" alt="" width="563"><figcaption></figcaption></figure>

* There was an opportunity to use Lore for members to put their idle capital to work to collect more Moonbirds based on traits which would push up the trait floor price and allow holders to create stories around the IP they own.
* Our favorite one is Deadbirds which was formed around the skeleton trait Moonbirds as a way to bring awareness to biodiversity loss IRL. [See their mission here](https://deadbirds.io/).
* By acquiring the skelly Moonbirds they were able to grow their brand and attract new members. They also launched their own deriviative collections which brough more awareness to Moonbirds. They now have over 90 members and 150 ETH of assets!

<figure><img src="/files/81bXOmxFVAvXkZmY5E0R" alt=""><figcaption></figcaption></figure>

* As Moonbirds became more accessible, many members wanted to gain access to the Moonbirds Discord. And this was before [delegate.cash](http://delegate.cash/) was adopted! We worked together with Vulcan and the Proof team to design an auth flow where co-owned Members can verify and get a role on the Discord. [Learn more in this article](https://lore-collective.mirror.xyz/k5pIJcJTje-0xb4TvfdNJa3_KzvV_tqcrQK3HwtjZy0).

<figure><img src="/files/eSi53SbBTZrdCexH3Svu" alt=""><figcaption></figcaption></figure>


# MVP69dao Firesale

Memeland released details of their Firesale which meant anyone could claim $MEME allocation for 0.169 ETH.

<figure><img src="/files/IFyijtz4KJAmL6LSnYn9" alt=""><figcaption></figcaption></figure>

* 25 Memeland members decided to pool together money to get a bigger allocaiton of $MEME, as they saw the potential upside.
* They pooled over 15.7 ETH within a few days, and connected their Lore group wallet to the Memeland dashboard to get on the allowlist. ([See here](https://app.lore.xyz/app/mvp69daofiresale/proposal/clo81bw640000jz0f66y4ftus))
* They were able to distribute over 600k $MEME to their members based on their equity stake, automatically.
* With Lore they were able to have a greater share of $MEME tokens they would have alone, and also automatically track ownership.
* Check it out here ([MVP69daofiresale](https://app.lore.xyz/app/mvp69daofiresale/feed)).


# Memecoin Fund

Lore can be used to launch a token pre-sale or to double down on a Memecoin allocation. As the market is heating up with memecoins, don’t rely on sending funds to your friends and blindly trust them. Instead,

* You could operate your Lore group like a GP - LP relationship.
* The GP can invest for your internet friends, take a management fee, and distribute profits to members automatically.
* Why would you do this? So that you can quit your job and manage a fund full-time. Invest in any opportunities in the market with larger bags.
* We have a few groups getting started and we’ll share more as we grow together.


# Lore vs Others

Lore Vs Other Products: Which One is Right for You?

### **Ever considered managing your crypto adventures with friends?**

Sound exciting? You're not alone! This guide is for crypto enthusiasts who want to explore the crypto space together. Whether you're diving into NFTs or strategizing memecoin investments, there are tools designed to make your crypto journey a fun and social experience.

<figure><img src="/files/5QbvjZ81SEzw9CL53vTK" alt=""><figcaption></figcaption></figure>

But with so many options, how do you choose the right one? This article will compare Lore, a group wallet experience, against other solutions:

* **MPC wallets:** Focus on security with features requiring multiple approvals for transactions.
* **Multi-signature wallets:** Also focuses on security with features requiring multiple approvals for transactions.
* **PartyBid:** Offers a social experience with features like launching a token, NFT memberships, and chat tools.
* **DAO In a Box solution (like Aragon):** Provide a comprehensive toolkit for managing decentralized organizations with friends, enabling collective decision-making and treasury management.

We'll break down the features and functionalities of each option, helping you decide which one best fits your crypto squad's needs!

### Building Your Crypto Success on a Foundation of Shared Value

Lore isn't just a multi-chain crypto management platform; it's a community built on the core values of **Grow Together, Win Together, Collaboration, Transparency, and Shared Success**. These principles are the bedrock of what makes Lore Groups so powerful. Let's explore how Lore empowers you to navigate the exciting, but often complex, world of multi-chain crypto.

**Do you fear missing out on exciting crypto opportunities because they're spread across different blockchains?**

Traditional DAOs are limited to single chains, restricting your reach. Standard wallets make it difficult to manage assets across multiple chains.

This is where Lore Groups come in!

<figure><img src="/files/U7ycroB56c9L19hDPyDs" alt=""><figcaption><p>Value Comaprison</p></figcaption></figure>

Lore Groups are a revolutionary way to maximize your crypto coverage and minimize FOMO. They function as a collection of wallets spread across various blockchains, offering several key advantages:

* **Unchain Your Potential:** Attach multiple wallets to your Lore Group, granting access to a wider range of blockchains and the exciting opportunities they hold.
* **Connect and Conquer:** Seamlessly connect your Lore Group to various crypto applications. Trade, stake, and participate in DeFi activities across different chains, all from a single, user-friendly interface.
* **FOMO:** No more scrambling between wallets or missing out on opportunities because of chain limitations. Lore Groups empower you to stay on top of the ever-evolving crypto landscape.
* **With Lore Groups, you can finally ditch the FOMO and confidently explore the vast potential of the multichain crypto world.**

### Here’s How Lore Can Help You Have Fun In Crypto With Friends

Tired of managing crypto alone? Lore cuts through the noise, offering a unique platform specifically designed for fun and social crypto experiences with friends.

#### Use cases & Investing Specific Features

<figure><img src="/files/sRE0TYQ9uwasg09pP5lA" alt=""><figcaption><p>Feature Comparison</p></figcaption></figure>

#### **What Frustrates You About Other Options?**

* **Feeling overwhelmed?** Traditional crypto management tools can be complex and intimidating for beginners.
* **Going Solo?** Other platforms lack the social aspect, making crypto a solitary activity.
* **Missing Out?** Pooling resources with friends for exciting crypto opportunities can be challenging with standard wallets.

**Here's How Lore Makes Crypto Fun and Social:**

* **Effortless Fun:** Lore prioritizes a user-friendly interface and engaging features, making crypto easy to learn and fun to explore with friends, regardless of experience level.
* **Stronger Together:** Pool your resources in shared group wallets. This opens doors to exclusive rewards and lets you tackle expensive crypto assets like NFTs and airdrops as a team.
* **Learning Together:** Group wallets foster a collaborative environment. Share knowledge, make collective investment decisions, and learn the ropes of crypto together.

<figure><img src="/files/XG9IXoGbeICxMIvUGVyQ" alt=""><figcaption></figcaption></figure>

**Lore Isn't Just A Group Wallet - It Creates Experiences:**

* Imagine bidding on NFTs together or strategizing memecoin investments as a group.
* Picture an environment where learning and exploration are fueled by friendly competition and shared successes.
* With Lore, crypto becomes a social journey, fostering camaraderie and excitement around the ever-evolving crypto landscape.

### **Why Choose Lore?**

So, you've explored the crypto management landscape with friends in mind. Now you're ready to pick the ideal tool for your adventures, Look no further than Lore!

Lore goes beyond simple crypto management. It's a community built on shared values, empowering you to:

* **Grow Together:** Learn and explore crypto with friends in a user-friendly environment.
* **Win Together:** Pool resources and conquer exciting opportunities across different blockchains.
* **Experience the Power of Collaboration:** Make informed decisions, share knowledge, and navigate the crypto landscape as a team.
* **Embrace Transparency:** Benefit from clear visibility into group wallets and member activity for a seamless experience.

<figure><img src="/files/QtyLH0imtZqrcrvfSWzQ" alt=""><figcaption><p>Lore Group</p></figcaption></figure>

**Ready to ditch the FOMO and embark on a crypto adventure with friends?**

**Head over to the** [**Lore website**](https://lore.xyz/) **to explore** [**inspiring use cases**](/case-studies)**, watch a** [**video demo**](/about-lore/demo-and-use-cases)**, and see how Lore can transform your crypto journey!**


# Key Terms

A place for users to look words they may be unsure about in web3

{% tabs %}
{% tab title="A - E " %}
\ <mark style="color:yellow;">**Admin:**</mark> The members who are responsible for the shared wallet

<mark style="color:yellow;">**Co-Ownership:**</mark> When two or more individuals share ownership of an asset on Lore.

<mark style="color:yellow;">**Contribution:**</mark> Users who have contributed to a shared wallet

<mark style="color:yellow;">**Delegate:**</mark> The member who is authorized to represent a group

<mark style="color:yellow;">**Delegation:**</mark> The act of delegating NFTs/Tokens/Entire Shared Wallet

<mark style="color:yellow;">**Distribution:**</mark> The collective issuing rewards to members based on their equity

<mark style="color:yellow;">**Equity:**</mark> The ownership % of a shared wallet.

<mark style="color:yellow;">**Equity Event:**</mark> Any event/proposal that will affect equity: funding rounds, exits, disitributions

<mark style="color:yellow;">**Equity Management:**</mark> The process of creating and managing ownership on Lore

<mark style="color:yellow;">**Exit:**</mark> The Group completely paying out the members equity
{% endtab %}

{% tab title="F - L" %} <mark style="color:yellow;">**Gas Credits:**</mark> Credits issued by the Lore team for gas-less transactions

<mark style="color:yellow;">**Group:**</mark> (2) or more users in a group

<mark style="color:yellow;">**Group Deposit:**</mark> A stage at which Group is raising capital.

<mark style="color:yellow;">**Group Management:**</mark> The management of the Group

<mark style="color:yellow;">**Group Vault Valuation:**</mark> The group's shared wallet total wealth

<mark style="color:yellow;">**Group Wallet Platform:**</mark> Refers to Lore

<mark style="color:yellow;">**Inbox:**</mark> An onchain folder in which transactions received by individuals outside of a funding round are collected

<mark style="color:yellow;">**Initiative:**</mark> A Group interest in an assignment/initiative

<mark style="color:yellow;">**Lore:**</mark> The Co-Ownership Platform

<mark style="color:yellow;">**Lore Framework:**</mark> Refers to the Lore framework and core concept

<mark style="color:yellow;">**Lore Vault:**</mark> A multi-sig wallet built on top of Safe
{% endtab %}

{% tab title="M - Z" %} <mark style="color:yellow;">**Member Equity:**</mark> A individual member’s equity based on contributions

<mark style="color:yellow;">**Members:**</mark> Users who are members of a Group

<mark style="color:yellow;">**NFT Valuation:**</mark> The manual valuation of the Group’s NFTs

<mark style="color:yellow;">**Onchain:**</mark> An initiative/proposal that is stored on a blockchain

<mark style="color:yellow;">**Payout:**</mark> The Group completely paying out the member's equity

<mark style="color:yellow;">**Proposals:**</mark> Refers to a suggestion made by a member of the Group

<mark style="color:yellow;">**Refund:**</mark> A contribution being sent back to the sender

<mark style="color:yellow;">**Relayer Transactions:**</mark> Transactions that are paid for using the gas relayer

<mark style="color:yellow;">**Safe:**</mark> The multi-sig wallet Lore is built on

<mark style="color:yellow;">**Shared Wallet:**</mark> The Lore Wallet

<mark style="color:yellow;">**Signer Count:**</mark> The required number of signatures to complete a proposal

<mark style="color:yellow;">**Vault:**</mark> A Lore Wallet

<mark style="color:yellow;">**Vault Valuation:**</mark> The shared wallet's valuation
{% endtab %}
{% endtabs %}


# FAQs

### What Kind Of Groups Can Use Lore?

Lore is for any group with shared financial goals, from NFT collectors, token investors, airdrop farmers, onchain artists and more.

### I Have An Existing Group, Is It Possible To Import?

Yes it's possible, you can [import an existing Safe](https://app.lore.xyz/import) and also there's a way to upload your existing Members and their ownership stake.&#x20;

Open a support ticket in the [Lore Discord](https://discord.com/invite/ourlore) if you'd like assistance.&#x20;

### Which Chains Are Supported By Lore?

Your Lore group is currently a Safe wallet on Ethereum mainnet and Base.\
&#x20;Lore groups can attach trader wallets across Ethereum, Solana, Bitcoin and Base and more.&#x20;

### Are There Any Fees Associated With Lore

It's free to use today. Future plans for fees will be announced in the future.&#x20;

### Who Can Access The Discords?

Using Vulcan or Collab.Land, **one** **signer** from your Group can access NFT gated Discords. Once you delegate a signer to obtain Discord access, you cannot change to another signer for a minimum of 2 weeks.

### How Do I Get Customer Support?

We offer customer support M-F with very tight turnaround times and offer limited customer support over the weekends. Open a support ticket in the [Lore Discord](https://discord.com/invite/ourlore).

### How Do Your Store Funds?

Your funds are stored in a Safe multi-signature wallet. Neither Lore nor Safe are custodians of your funds. All smart contracts and systems that support the ecosystems were thoroughly audited by third parties.

### How To Send Assets To The Vault With No Equity Change?

To contribute to the vault without changing equity, send your assets outside of a Group Deposit.

This will reflect no change in the equity.

### **Forming a Legal Structure for Your Group**?

**Limited liability protection** and **flexibility** are two key benefits of forming [an LLC](https://docs.otoco.io/docs/why-choose-otoco-for-legal-entities) for your Group.&#x20;

Lore can help you set up an onchain LLC with Otoco, starting at **$49 + state fees**.

For more info or a personalized experience, visit [Otoco.io](https://otoco.io/).&#x20;

## **Have questions? We're here to help!**

Join the conversation on [Twitter](https://twitter.com/loredotxyz) and [Discord](https://discord.com/invite/ourlore).&#x20;

Ask questions, connect with others, and learn best practices.


# Security

Lore helps you launch shared wallets using the Safe Protocol, while equity is stored on Lore and possible for Group Admins to tweak.

{% hint style="info" %}
**Lore Groups are two things —**

* Web2 Groups with  Members who have Equity ownership in the group's combined assets
* Web3 Wallet(s) which are powered by Safe Protocol&#x20;
  {% endhint %}

### Assets are stored on Safe Protocol

<figure><img src="/files/kr4SLQqdjyCf51D86yLb" alt=""><figcaption></figcaption></figure>

[Safe](https://safe.global/) is a Smart Wallet Protocol that stores over $100Bs in assets and over 9.8MM accounts.&#x20;

<figure><img src="/files/6gVEu17wbCCJe7JzXjr8" alt=""><figcaption></figcaption></figure>

Safe has been around since 2018, and has gone through countless audits and has experiences zero hacks.

### Lore Group Members and Equity are managed by trusted Admins

Every Lore Group has atleast one Admin. While Lore tracks member equity and helps admins manage equity changing events like Deposits and Exits, Admins ultimately have ways to change member's equity using features like Transfer Equity and Change Equity.&#x20;

It's vital that Groups trust their Admins as Groups are formed.&#x20;

### The Member List and Member Equity is stored by Lore

Vital member list information and equity stakes are stored by Lore in a secure database. Equity stakes can be downloaded in CSV format.

* Group Level: Historical equity stakes at a group level across all members are available in Snapshots. Go to Portfolio and click View Snapshots
* Member Level: Historical equity stakes at a member-level is available in Your Equity. Click Your Equity and View Equity Details.&#x20;


