GOV.DAO - Tokenomics
  • $GVDT - Governance Token
  • $GVDT - Token Supply and Distribution
    • $GVDT Distribution
  • $GVDT - Utility
  • $GVDT - Governance
  • $GVDT - Token Lock Mechanism
  • $GVDT - Staking and Rewards
  • $GVDT - Token Redemptions / Buybacks
  • LGT - Legal Governance Token
  • LGT - Utility
  • LGT - Application Process and Grant
  • $GVDT Token Sale and and Funding Target
Powered by GitBook
On this page

$GVDT - Governance Token

Introduction to GOV.DAO´s Governance Token

$GVDT is GOV.DAO´s governance token.

$GVDT is a fungible ERC-20 token minted and issued on the Polygon network. The reason for selecting Polygon as $GVDT´s native network is because of its association with the non-fungible token ("NFT") domain name - GOV.DAO (minted on Polygon).

$GVDT is coded to represent and facilitate:

  • Members' interests in GOV.DAO;

  • Governance rights in GOV.DAO; and

  • Participation rights in rewards generated by GOV.DAO´s activities.

GOV.DAO is a decentralized autonomous organization ("DAO LLC") legally structured as a for profit DAO limited liability corporation ("DAO LLC"). GOV.DAO LLC is domiciled in the Marshall Islands.

$GVDT holders are members of GOV.DAO. By owning $GVDT, members can participate in decision making processes ("Governance") related to GOV.DAO´s mission, direction, operation and development. Members are responsible for both the continuity and sustainability of GOV.DAO´s mission.

Members will be rewarded for their participation in GOV.DAO´s mission to "Build Better Governance".

Next$GVDT - Token Supply and Distribution

Last updated 1 year ago