About EURxb governance token
Now is a great time to talk about XBE — the EURxb governance token. However, let’s first look at what governance tokens are as well as the privileges they provide to its holders.
Governance tokens allow their holders to participate in the decision-making process. Holders of these tokens can suggest, discuss and implement changes into the project, without the don’t need for the project’s team participation.
Governance tokens allow its holders to steer the project’s spending and technical development.
Any user with enough tokens can put forward their protocol development proposals. Should these proposals be approved by the community, they are automatically implemented into the protocol.
Now let’s touch upon how XBE Token works. This token gives users the ability to influence further development of the project and participate in decisions through voting.
Holders of the XBE token govern all aspects of the protocol, and will receive their share of Vault fees, including the surplus yields produced from the DeFi strategies funded by the EURxb Institutional Vault.
If you want to become an XBE holder, keep watching our newsfeed, we will soon show you exactly how to do that!