Governance
DPRP Multi-Dimensional Governance Token Utility Model (DMD)
Distribution from the protocol: 25% of fees from opening/close positions go to Staking. 15% of traders' losses from PNL go to the DMD - PGLB program.
The DePerp Multi-Dimensional Governance Token Utility Model (DMD) revolutionizes DeFi by enhancing DePerp token utility, value, and appeal. It comprises innovative components:
- Platform Growth Linked Buyback (PGLB): Buys back tokens from profits, correlating with user growth.
- Decentralized Affiliate Program (DAP): Rewards users for referrals, scaling with referral activity.
- Customizable Governance Portals (CGP): Empowers token holders with voting rights for platform decisions.
- Token-Linked Savings Accounts (TLSA): Users earn fees by locking DePerp tokens, with periodic voting on fee adjustments.
- Liquidity Vaults Endowment (LVE): Locks tokens for liquidity, shares profits with token holders.
- Platform Expansion Grants (PEG): Grants tokens to developers, stimulating innovation.
- Token-Backed Warranties (TBW) for Trades: Enhances user trust with trade warranties.
The DMD model fosters platform competitiveness, responsiveness, and sustainability, aligning token value with platform performance to encourage long-term investment and growth. It sets a new standard in DeFi, showcasing the impact of innovative token utility on platform success.