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

# The DGMV governance system

## Community governance

Community governance is the driving force of our ecosystem, empowering the community (that's you) by giving you control over distribution of the vast majority of the tokens circulating within the ecosystem. 

{% hint style="info" %}
Our governance model is currently being developed, so the model outlined here is subject to change.
{% endhint %}

### Community governance functions

* **Creating and submitting proposals**\
  Community-driven initiatives and proposals, including funding requests, ecosystem improvements, and non-executable community guidance.
* **Creating bounties**\
  Setting up tasks with allocated rewards.
* **Voting on proposals**\
  Collectively deciding whether proposals are approved or rejected.
* **Accessing IP vault tokens**\
  Deciding how tokens held within the IP vault will be used when they become available after the five-year lock-up. To do this, community members vote on whether to:
  * Extend the lock-up period
  * Refill various wallets within the ecosystem
  * Fund internal and external initiatives

### Accessing governance

To access the governance mechanics, token holders must lock a minimum amount of 1,000 $DGMV tokens in the governance contract.

We will use the DGMV sovereign identity (SID) to confirm xDGMV holders’ identities.


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