Everything you need to know about DVF Governance
Everything you need to know about DVF Governance An overview of DVF Governance and how to vote using your staked DVF (xDVF) DVF holders are in control of various aspects of DVF and the DeversiFi protocol. These can be split into two categories: The Big Stuff (Major Proposals) The Small Stuff (Tuning Parameters) Both processes primarily use the xDVF token (staked DVF) for voting and signalling. xDVF tokens can be held on either layer 1 or layer 2 (DeversiFi app) (https://stoSome readersWhat is staked DVF (xDVF)?
xDVF is the staked version of the DVF token. In order to be eligible to vote on governance proposals, you first need to stake your DVF for xDVF. xDVF can be unstaked at any time. Ie there are no lockup periods In order to stake your DVF tokens for xDVF tokens, as well as unstaking, see the following DVF staking and governance guideSome readersDVF Circulating Supply
DVF Circulating Supply Last Updated 1st April 2023 Circulating Supply = 15,051,414 DVF https://rhino.fi/blog/dvf-token-supply-transparency-update/Few readersFree Rhino Bridge Withdrawals for DVF Holders
Free Rhino Bridge Withdrawals for DVF Holders The rhino.fi product team is examining ways of bringing meaningful & useful utility to DVF & xDVF holders. One popular feature request is to enable free cross-chain withdrawals/bridging from rhino fi to layer 2's to enable rhino users to explore new DeFi frontiers. What this feature may look like: Hold 300 DVF or xDVF in your rhino account One free bridge/withdrawal per 24 hours You can choose to use your free withdrawal, or save foFew readers