Governance
Mace is governed by its community through the Mace DAO. Here’s how you can get involved:
Voting on Proposals: Governance token holders can vote on key proposals, including platform upgrades, new liquidity pools, and strategic decisions.
Submitting Proposals: Any community member can submit a proposal for consideration.
Staking for Governance: Lock your governance tokens to increase your voting power and earn staking rewards.
Governance Token Benefits
The Mace governance token is designed to provide tangible value and incentives to our community members. Beyond its role in governance, the token incorporates unique financial benefits:
Fee Reductions: Governance token holders enjoy reduced fees for premium features such as limit orders and DCA trades, making it advantageous to hold and stake Mace tokens.
Staking Rewards: Similar to the price appreciation dynamics of an LST (Liquid Staking Token) on an L1 network, the Mace token offers staking opportunities. When staked, it generates rewards derived from the MEV (Maximal Extractable Value) yield produced by the platform.
Earn MEV Yield: Staked Mace tokens participate in the yield generated from Mace's optimization of on-chain trading flows and liquidity management, allowing holders to share in the platform's success.
By integrating governance, fee benefits, and MEV-based yield rewards, the Mace governance token ensures active community participation and long-term value creation for its holders.
Last updated