What can I vote for?

Combining both economic and utility functions, DRATE token enables DeFi Rating users to participate in platform governance and decide on its future. Striving to provide a fair and mature governance model, we’ve refined and polished its conditions so that DRATE users wield more power than anyone else.

Like any self-respecting decentralized blockchain platform, DeFi Rating allows users to discuss and accept changes to the entire economic model. They can organize votes concerning such aspects as:

Thus, DeFi Rating users can vote for literally any change to its infrastructure, services and economic mechanisms. The core development team does its best to provide users with useful services and stable profits, but we are open to new suggestions and offers. On-chain governance allows users to collaborate, debate and manage the system more efficiently.

By introducing a transparent and fully audited voting process, DeFi Rating aims to reach a high degree of accountability. The following rules help us make the governance process fair and efficient:

DeFi Rating is designed to be a fully decentralized platform, which is only possible when it’s managed by the entire community and not just the developers. Thanks to DRATE, users can make crucial decisions and build the future of the project together.

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