• Governance

Governance

The use of the DGT token will allow those who hold it to vote on changes to Davos Protocol. DGT holders can submit their proposals for a vote. Any voter-approved modifications to the governance variables of the protocol will likely not take effect immediately in the future; giving DGT holders the opportunity to protect the system, if necessary, against a malicious governance proposal (e.g., a proposal that alters collateral parameters contrary to established monetary policies or that allows for security mechanisms to be disabled) by triggering a Shutdown.

Governance will be enabled when there will be several types of collateral accepted in Davos Protocol.