DMG (DMM Governance Token), the governance token of DeFi Money Market (DMM) DAO, is a tool used by the community to manage and develop the DMM ecosystem and underlying protocols. As we seek to build a vibrant global community, DMG (DMM Governance Token) is a vital component that will enable broad participation and mitigate centralized governance risks. Specifically, DMG (DMM Governance Token) realizes the governance of the ecosystem through DMM DAO, which has control over the Ethereum smart contract and its adjacent assets.
Ownership of DMG (DMM Governance Token) (DMM Governance Token) represents the right to manage the parameters of the DMM protocol and the excess returns generated by the DMM ecosystem, as well as the right to govern the capabilities and decisions surrounding the introduction of new assets into the ecosystem Type and asset location. DMG (DMM Governance Token) is a fork of Compound's COMP governance token with additional functions.