Governance in Lendex
Lendex employs a decentralized governance model, which is integral to our protocol's community-centric approach. This model empowers $LEND token holders to actively participate in the decision-making process, shaping the future of the platform.
Voting Rights
$LEND token holders have the right to vote on proposals concerning the Lendex protocol. This includes decisions on updates, new features, and changes in the protocol's direction.
Proposal Submissions
Token holders can also propose new ideas, changes, or improvements to the platform. This fosters a collaborative environment where community input is valued and considered.
Decentralized Decision-Making
By decentralizing decision-making, Lendex ensures that the protocol evolves in a way that reflects the collective interest of its user base, rather than being driven solely by a central authority.
Transparency and Accountability
All proposals and voting processes are transparent, with outcomes and subsequent actions communicated to the community.
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