Introducing the veDND governance token
veDND is the governance token of the DynoDAO which owns and operates DynoChain.
Holders are able to create and vote on protocol changes and decisions.
Whitelisting 3rd party exchange/broker tokens on TruiumSwap
Adding derivatives to TruiumSwap
Emissions to veDND lending pools
Lending caps for veDND lending pools
Protocols joining the DND council
A snapshot is created
Via Snapshot, a member of the community or core team can create proposals related to protocol changes or any other proposed enterprise.
veDND holders vote
veDND holders vote on proposals. Voting power is proportional to a user’s veDND holdings.
Once the voting period has concluded, action is taken depending on the results.