AVIOR PROTOCOL TOKEN (VIO)

The Avior Protocol Token (VIO) is the governance and value token for the entire Avior platform and product suite.

GOVERNANCE

First, there will be decentralized governance of the VIO protocol. Following the successful community takeover of VIO, we will also begin the gradual decentralization of Avior products.

Today, the Avior protocol is already on its way to full decentralization. We have outlined four phases of full decentralization and are currently in Phase 1.

VIO token holders will be able to create and vote on proposals to govern the underlying protocol. This may include:

Adding/removing new types of profitable strategies
Distribution of capital across a basket of strategies
Determining the fees charged by the protocol
Determining what incentives (eg VIO rewards for liquidity mining) are offered on an ongoing basis.

Please note that decentralized governance privileges will not apply to centralized applications such as a peer-to-peer payment product or a debit card that will be built on VIO in the near future. However, the underlying protocol will be fully decentralized before the end of 2023.