> For the complete documentation index, see [llms.txt](https://litepaper.wearecomin.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://litepaper.wearecomin.com/blockchain-technology/usdcogov-governance-token.md).

# $COGOV : Governance Token

$COGOV is the governance token central to giving our community a voice in the platform's operations.&#x20;

**Distribution Mechanism:** $COGOV tokens are earned by staking $COWIN. Usage: Users wishing to vote or submit proposals must possess $COGOV tokens and satisfy activity requirements: drivers should complete 20 rides and riders 5 rides within the last 6 months.&#x20;

**Governance Structure**: $COGOV holders can participate in two decentralized autonomous organizations (DAOs): the Global DAO and the City DAO:&#x20;

* Global DAO ensures the COMIN ecosystem operates smoothly, making decisions in the community's best interests.&#x20;
* City DAO addresses the needs of each local community. This decentralized governance structure ensures a democratic and transparent decision-making process, empowering all community members.

<figure><img src="https://748373725-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fu3TaBoMUWozsXnZ77VNu%2Fuploads%2Fk8fzXWKlyxDurfm9f63U%2Fimage.png?alt=media&amp;token=d02f2b61-8989-41e7-8542-60557e1d6545" alt=""><figcaption><p>$COGOV Token Infrastructure</p></figcaption></figure>

The COMIN platform embeds its governance system directly within the app, empowering users with $COGOV tokens to actively shape the future of the service.

<figure><img src="https://748373725-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fu3TaBoMUWozsXnZ77VNu%2Fuploads%2FtJj1Ymk6GI3IvOrY8a7c%2Fimage.png?alt=media&amp;token=186b7695-7693-4a73-87da-292446751d42" alt=""><figcaption><p>In-app Governance System </p></figcaption></figure>
