Not just investors, but also co-builders: Several ways to participate in the governance of the Lorenzo ecosystem

Holding $BANK means you are not only an investor but also a co-builder of the Lorenzo ecosystem. Participating in governance is key to transforming token ownership into actual influence. Here are several core ways every community member can participate and shape the future of the protocol together.

Basic participation: Voting

The most fundamental and important way is to participate in off-chain voting on platforms like Snapshot. Any holder of staked BANK has voting rights on key proposals concerning the development of the protocol, including the use of treasury funds, adjustment of fee parameters, or partnerships. Regularly following governance forums to study and vote on proposals is the foundation of exercising your rights.

Deep participation: Proposals and discussions

Not satisfied with just voting? You can dive deeper. In the official governance forum or community, propose constructive ideas for protocol development and engage in in-depth discussions about technical or economic models. If your suggestions gain broad support from the community, you can collaborate with other members to draft a formal governance proposal (LIP) and push it into the voting stage. This is a crucial step in transitioning from a “participant” to an “initiator.”

Ecosystem co-building: Development and promotion

For developers, the most direct way to co-build is to develop new DApps, tools, or interfaces based on the #LorenzoProtocol protocol and LBTC assets, enriching the entire ecosystem. For non-technical users, actively and rationally spreading project information on social media, clarifying misunderstandings, and helping maintain a positive, professional community atmosphere is also a co-building action that creates value for the ecosystem.

In summary, the governance of @Lorenzo Protocol is an open multi-layered system. Whether you express your views through voting, lead direction through proposals, or enrich the ecosystem through construction, everyone can find a role that suits them. It is this broad co-building culture that forms the strongest moat of the Lorenzo protocol.