BOUND Governance Token

A governance asset tied to protocol performance and user ownership

BOUND Governance Token

The BOUND is the native governance and utility token of the protocol, designed to redistribute power and ownership to the community that helps build and support the protocol. It gives users direct control over the protocol, and the authority over how that value is managed and distributed. BOUND follows a revolutionary emission model, where new tokens are minted based on the protocol's real operational income. Emissions are not arbitrary, they are governed by smart contracts that enforce a strict link between protocol revenue and token creation.

BOUND provides users with immediate cost savings for protocol access. The token's primary utility creates direct economic value for holders through reduced transaction costs and improved protocol economics. The most significant utility feature is the 25% fee reduction on protocol access. Holders who pay exchange fees directly in BOUND tokens instead of DFY receive this substantial discount, lowering the effective cost of conversion fees from DFY ↔DFY+ from 0.88% basis points to 0.66 basis points of the transaction value. This creates natural demand for the token among active protocol users while rewarding governance participants with tangible benefits.