> For the complete documentation index, see [llms.txt](https://dymensify.gitbook.io/dymensify-bridge-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dymensify.gitbook.io/dymensify-bridge-docs/token-utility/token.md).

# Token

The Dymensify protocol’s official token will be $DYMENSIFY, and it will play a pivotal role in its use and governance.

Here are the utilities of the token:

1. ### **Governance Voting Rights**

The protocol plans to have a Decentralized Autonomous Organization to steer its progress. Dymensify, like many other DAOs, utilizes Snapshot for proposal submission and voting. It is easy for any community member to create a proposal with Snapshot.

A major objective of the blockchain, after all, is the decentralization of leadership. As a result, Dymensify plans to be a community-led bridge.

Therefore, it operates token-weighted governance where the holders of the $DYMENSIFY token can create and vote proposals. More importantly, voting power will correspond to how much $DYMENSIFY each member holds.

2. ### **Bridge Revenue Sharing**

The protocol has the goal of enriching all stakeholders without preference or prejudice.

Every important aspect of the community will enjoy the benefits of the protocol.

Particularly, 60% of the revenue from the node validator will accrue to the $DYMENSIFY holders.

Apart from the liquidity rebalancing initiative of this strategy, it is also an avenue to incentivize those bagging the protocol token.

3. ### **Staking**

The users can stake the $DYMENSIFY and gain some rewards over time.

This utility exists for two primary reasons:

$DYMENSIFY tokens that are not used in the user’s wallet have no benefit to them and the protocol. Thus, it’s brilliant to have a structure where such “unused” tokens can increase.

Secondly, the staking of the $DYMENSIFY helps provide more liquidity in the ecosystem.