Governance

Role

The dSynth governance organization is responsible for:
  • Deploying new factory implementations for more synthetic asset types and use cases
  • Approving new collateral assets for synths that users can select from
  • Managing the treasury for the dSynth DAO
  • Managing the token list for dSynth's dapp

dSynth Token Distribution

​dSynth is the governance token for the dSynth system. The initial supply of 1,000,000,000 dSynth will be distributed as follows:
  • 20% will go to the founders, investors, and future team members, subject to vesting periods.
  • 25% will be available for liquidity mining beginning in fall/winter 2021.
  • 20% will be distributed to the DAO after the first liquidity mining phase in a manner determined by governance.
  • 30% will be made available to the treasury over the course of 12 months, following the first allocation.
  • 5% will be allocated to a community committee to help grow the community and reward contributions.
Last modified 3mo ago