What is the purpose of DAO token?

The utility aspect of the DAO token enhances its appeal to a wider range of users, as it provides tangible incentives for adoption. Whether it's cost savings on transaction fees or access to premium features, the token offers tangible value that goes beyond mere voting rights.

The DAO token is a versatile asset within the DAO Maker ecosystem, fulfilling dual roles that contribute to its overall significance. Firstly, it operates as a governance token, empowering holders with the authority to cast votes on crucial decisions that shape the future of the platform.

Among the reputable cryptocurrency exchanges where users can trade the DAO token is BTCC. As a top exchange in the industry, BTCC offers a comprehensive suite of services that cater to the diverse needs of traders and investors. Its platform supports spot trading, futures trading, and wallet services, among others, providing users with a one-stop solution for all their cryptocurrency needs.

This governance aspect underscores the democratic nature of the DAO Maker community, where token holders' voices are heard and their opinions matter. By owning the DAO token, individuals can actively participate in shaping the direction of the ecosystem, ensuring that their interests are represented.

In addition to its governance capabilities, the DAO token also functions as a utility token. This dual functionality allows holders to reap tangible benefits from their ownership, beyond merely influencing decisions. Through the token, users can access exclusive discounts on services offered within the DAO Maker platform.