DeSpace DAO
Control over DeSpace Protocol will ultimately rest with the DeSpace DAO—an upcoming governance platform that gives users control over the direction and specific features of DeSpace.
Participation in the DAO is granted by staking gDES tokens. The more tokens a user stakes, the higher their voting capacity. To read more about gDES, visit our section on the token:
DAO members can propose votes to the community on a range of topics relating to the operation of the protocol. If a vote passes, the DeSpace Protocol team will work to implement the will of the DAO.
The DAO will be responsible for almost every aspect of the DeSpace ecosystem. Areas that votes could cover include:
Changes to staking yields
Changes to gDES tokenomics and issuance
Motions to list and delist DeSpace-controlled assets
Changes to the NFT protocols
Changes to DeLend pools
The above list is not exclusive—the DAO may choose to vote on any aspect of the DeSpace ecosystem.
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