> For the complete documentation index, see [llms.txt](https://docs.factor.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.factor.fi/governance/factordao/factor-participants.md).

# Factor Participants

## **Users**

* **Depositors:** Search for automated strategies and deposit tokens on [**Factor Discover**](/factor-discover/factor-discover.md) to gain exposure to curated DeFi strategies.
* **Strategists:** Create complex multi-protocol strategies and share automated alphas with depositors on [**Factor Studio**](/factor-studio/factor-studio.md) to earn strategy management fees.
* **Protocols:** Seamlessly bridge protocol value by creating integrated strategies and participate in directing ecosystem incentives via [**Factor Bribes**](/governance/factor-bribe.md) or [**Factor Boost**](/governance/factor-boost.md).

## **Governance**

* **FactorDAO:** Facilitate decentralized governance of the protocol through coordinating governance proposals and incentives as determined by governance token holders. Owner of the publicly viewable [multisig treasury](https://docs.factor.fi/governance/factordao/factordao-multisig-addresses) which funds various protocol growth initiatives.
* **Governance Token Holders:** Purchasers of the [FCTR](https://docs.factor.fi/governance/fctr-token#fctr) token which represents protocol value.
* **Governance Token Stakers:** [FCTR](https://docs.factor.fi/governance/fctr-token#fctr) holders who have [staked](https://docs.factor.fi/governance/fctr-token/staking-and-governance) (i.e. time locked) their [FCTR](https://docs.factor.fi/governance/fctr-token#fctr) in exchange for protocol governance rights and rewards. This includes protocol revenue share, directing emissions via [**Factor Scale**](/governance/factor-scale.md)**,** and receiving voting incentives via [**Factor Bribes**](/governance/factor-bribe.md).

## **Operations**

* **Core Team:** Supports the development, operations, and marketing of the Factor platform based on directives provided by the FactorDAO.
* **Contributors:** The [**Factor Contributors**](/community/factor-contributors.md) initiative guides enthusiastic community members that have volunteered their time and resources towards growing the protocol.


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