SDS token;
A governance token for all
The core medium that supports the value construction of KeplerSwap is called SDS (Seeds token) and it is the seed of creation for the DeFi 2.0 ecosystem. SDS is the native token issued by KeplerSwap, it is also key to achieving decentralization and autonomy in KeplerSwap as it allows for governance which automatically makes it a governance token.
Governance token:
Governance tokens are cryptocurrencies that represent voting power on a blockchain project. They are mostly integrated into DeFi projects since they need to distribute powers and rights to users in order to remain decentralized. Governance token allows user control, which holds true to the original cryptocurrency ideals of decentralization and democratization. governance token gives holders voting rights over proposed revisions to smart contracts at issuing protocols, allowing them to have their voices heard when it comes to making changes to how that protocol operates. Some governance like the case of our deal keplerswap token holders also benefit from a share of protocol fees, trading fees and other rewards,
Benefits of being a governance token holder:
SDS token like i always liken is a key that allows holders to vote on decisions pertaining to the community governance and decision-making for important events.
Every SDS holder can introduce a proposal to change the community policy.more includes:
• Rights to protocol changes: As mentioned, tokens grant their owners the right to vote on the protocol’s future. Keplerswap let token holders vote on both smart contract code changes and treasury management.
Code changes represent direct business logic of the application.Treasury management generally concerns the percentage of tokens typically allocated to “community efforts” a sort of budget to fund beneficial projects and feature development. Influence over these decisions is another extension of control of the future direction of the protocol.
• System construction proposal
• Voting for your community
• Managing transaction fee
• community policy making
• Rights for future token distribution
In the end, governance tokens are the closest thing decentralized projects have to ownership, Holding SDS token makes you a decision maker and generally carry some measure of influence over the future direction of these projects.
This is just a few of the limitless opportunities the Keplerswap SDS presents its community members and ever expanding users.
Read more about keplerswap and its accompanying products on;
Keplerswap.io
