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Governance in DeFi should be more than just holding a token to vote. It should represent real commitment to the ecosystem.
On STONfi, governance goes beyond simple voting through a system built around GEMSTON rewards and the Arkenston NFT.
When users stake STON, they receive an Arkenston NFT, a non transferable (soulbound) NFT that represents their governance power and participation in the protocol on The Open Network.
How the governance model works:
Arkenston NFT
A soulbound NFT that proves your stake and participation in governance. Because it cannot be transferred, voting power stays tied to the actual participant.
Yield boosts
Active participants can receive higher farming rewards or reduced trading fees, aligning incentives with long term supporters.
DAO decision making
The community can vote on key decisions such as fee structures, liquidity incentives, and ecosystem grants.
The idea is simple: the people who stake, participate, and contribute should be the ones shaping the protocol’s future.
This approach pushes governance closer to true decentralized ownership, where users collectively guide the development of DeFi on $TON.
#STONfi #DAO #TON #Web3 #Decentralization