📢Protocol Governance

Welcome to the $LEND Governance Section - $LEND to VOTE 👋

You can use this section to get familiar with the how LEND will be managing protocol governance and DAO.

Governance is currently being developed, please return to this page at a later date for more information!

The basics:

One of the most interesting properties of the $LEND tokens is the inclusion of the community in shaping the future of the protocol. This is achieved by granting the ability to participate in protocol governance. As the protocol matures there will be plenty of opportunities to vote on user submitted proposals to shape the direction of development. Voting allows us to give a voice to each user holding $tLEND. This means that the most supportive users of the protocol holding lend, have a meaningful say in how LEND develops into the future. Generally speaking proposals will break down into two categories:

Core - proposals posted directly by the LEND team. The results will be actioned.

Community - proposals posted by the LEND & TEN Finance community. These are used to propose ideas and show the communities point of view. With every proposal the LEND team will review every community vote and we will discuss any of the best ideas and designs with the most community support in coming product releases and/or core voting proposal level.

Who can participate?

The right to vote in important governance decisions is reserved for supporters of the LEND ecosystem. As such we will only be making this available for $LEND Holders & $tLEND Stakers / Lockers. Users receive $tLEND by supplying native $LEND tokens to the LEND supply markets.

The right to vote in these proposals is earned by holding $LEND or $tLEND - Get $LEND today by supplying supported assets to the LEND markets!