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--- power_dao [2024/12/02 09:20] – [How to Propose a new SP-DAO] admin
+++ power_dao [2024/12/02 09:31] (current) – [The $POWER token] admin
@@ Line 43: / Line 43: @@
-===== The Governance Model =====
-TODO: Explain the Governance Model
 ===== The $POWER token =====
-TODO: Explain utitlity, tokenomic, where it can be bought
+The $POWER token is the governance token for the Power DAO, a decentralized autonomous organization built on the Waves blockchain. It empowers the community to shape the future of the Waves ecosystem through voting rights and decision-making processes.
+__Tokenomics:
+__
+  * **Limited Supply:** The total supply of $POWER tokens is capped, ensuring scarcity and value.
+  * **Governance Rights**: $POWER holders can participate in governance decisions, such as voting on proposals, electing validators, and allocating funds.
+  * **Staking Rewards**: By staking $POWER in the Mother DAO, holders can earn rewards in the form of additional tokens.
+  * **Ecosystem Development:** $POWER can be used to fund the development of new projects and applications within the Waves ecosystem.
+You can buy $POWER on WAVES Exchanges or directly on [[https://app.power.tech/|Power DAO]]
 ===== Useful Links =====