# Governance Overview

⚡Bitmoon DAO is owned and governed by BMD token holders. Only after a successful proposal and vote, the results will be executed:

\- Vote for new products, features of products

\- Vote for investment decisions and projects support

\- Treasury allocation into various projects through Funding

⚡Depend on the amount of BMD tokens held, there is a voting ratio, and the voting weight is based on that. If holders do not hold enough BMD tokens, there is a delegate mechanism. It means that holders will transfer the voting right to other holder/ group that qualified for voting.


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