The White Lotus serves as a proof of concept to push the boundaries of a token generation event. It aims to align incentives and promote transparency among all participants. Unlike a DAO or gov token, $LOTUS operates as a cooperative centered around a straightforward automatic market-making algorithm. This algorithm is built on top of Trader's Joe Liquidity Book. The simple design of $LOTUS ensures deep liquidity, immutability, and fair distribution. Importantly, it achieves these goals without relying on VCs, token inflation, or insiders. $LOTUS operates autonomously from its inception.