Governance

Introduction

The Acre DAO is designed to support the long term stability and growth of the Acre protocol. The role of the Acre DAO is to maintain certain governable protocol parameters and deploy upgrades to the protocol.

ACRE tokenholders are able to participate in protocol governance with their ACRE tokens. Furthermore, Acre DAO manages protocol owned liquidity and token incentives, which are used to grow the Acre protocol.

There will be a total of 1 billion ACRE tokens minted.

The ACRE Token

ACRE is the utility token of the Acre Protocol and Acre DAO.

Other Protocol Matters

ACRE holders have the option to vote to add or remove bitcoin strategies from the Acre Dispatcher, elect DAO representatives and manage the Acre treasury. Protocol fees may be subject to change depending on protocol governance.