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
  • $GVDT Token Sale and and Funding Target
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$GVDT - Utility

This page provides details on the utility of the $GVDT token.

INTRODUCTION

The primary utility of $GVDT is Governance. Governance utility is autonomous and facilitated by smart contract functions with respect to $GVDT´s staking and token lock mechanisms. Each of the autonomous functions have been coded to achieve better Governance and to ensure the security and continuity of GOV.DAO´s mission and associated activities.

$GVDT - SUMMARY OF UTILITIES

  1. ACCESS TOKEN: GOV.DAO´s Governance is conducted on the DAO governance platform. The DAO governance platform has been developed to ensure privacy of GOV.DAO´s governance activities. Therefore, access to the DAO Governance Platform is only granted to Web3 wallets holding a $GVDT token.

  2. GOVERNANCE: GOV.DAO´s Governance rights are granted to $GVDT token holders in accordance with GOV.DAO´s Governance mechanism ("Governance Mechanism").

  3. REWARDS: Staking functions facilitate $GVDT holders participation in rewards generated by GOV.DAO´s mission and associated activities.

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Last updated 1 year ago