Token
Governance
Planned: $FILO holders vote on how the book is run.
Governance is planned. There is no voting today, on-chain or off. The token, voting mechanics, quorum and timelines are TBD.
What holders would vote on
- Verification rules: how quotes and responses are checked.
- Matching parameters: how quotes are ranked and how ties break.
- Fee structure: protocol fee on fills, verification and listing fees.
- Routing: which chains and facilitators get priority routing.
Until then
The team sets the v1 parameters documented here: the five verification checks, the 10 to 600 second quote window, the zero protocol fee. Changes will be announced in the changelog.
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