Purpose

SOLLON tokens are at the core of Sollon DAO’s decentralized governance structure. They enable a democratic system where token holders have substantial influence over decisions, including protocol changes, updates, and financial strategies.

• Voting Rights: SOLLON token holders possess voting rights, which are proportional to their token holdings. This ensures that decisions reflect the collective preference of the community.

• Proposal Submissions: Holders can propose governance actions or changes to the protocol, which are then subject to community vote.

• Decentralized Governance: By decentralizing governance, SOLLON tokens help eliminate single points of failure and distribute power among a wide user base, enhancing the protocol’s resilience and adaptability.