Lemond Protocol will begin with centralized control of the protocol (such as choosing the interest rate model), and over time, will transition to complete community and stakeholder control.
DAO Pool would be activated at a proper time with total size 150M LEMD. Releasing mechanism same as mining pools.
Users can deposit LEMD into DAO Pool to get rewards of LEMD together with governance token DLEMD. Votes are highly related with the volume of DLEMD users hold.
- Adding new cryptocurrencies or stablecoins to the protocol
- Adjusting variable interest rates for all markets
- Setting fixed interest rates for synthetic stablecoins
- Voting on protocol improvements/proposals