Acquiring Governance Rights
DAO members may lock their $FCTR tokens to accumulate $veFCTR - the native, non-transferable governance token, and take part in the DAO’s governance mechanism by voting and submitting proposals.
Longer lock-up periods result in greater $veFCTR emissions to incentivize long-term involvement within the community. Members who actively participate in the governance process will receive $FCTR as a reward for supporting the decentralization of the DAO. See the tokenomics section for additional information on the $veFCTR token and its utility.
Last modified 3mo ago