# Governance

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Thrupenny's governance system allows holders of $TPY to have a say in the direction and development of the project. The governance system is built on a decentralized autonomous organization (DAO) structure, which allows for decentralized decision-making and management of the project.

### Token Holder Voting

The Thrupenny platform uses a token holder voting system, which allows holders of $TPY to vote on proposals that affect the platform. These proposals can include changes to the platform's protocol, the addition of new features and assets, and the allocation of funds from the treasury. Token holders can vote on proposals using their $TPY, with the weight of their vote determined by the number of tokens they hold.

### Proposal Submission&#x20;

The Thrupenny governance system allows for any member of the community to submit a proposal for consideration. The proposal submission process is designed to be open and transparent, allowing for any member of the community to propose changes or additions to the platform. The proposal can be related to a wide range of topics such as adding new assets, modifying existing features, or increasing the overall security of the platform.

### Decentralized Autonomous Organization (DAO)

The governance system is implemented as a Decentralized Autonomous Organization (DAO). A DAO is a decentralized entity that operates on a blockchain, with the rules and operations encoded in smart contracts. This ensures that the governance system is transparent, tamper-proof and trustless, providing a fair and equitable system for all token holders.

### Community Involvement

The Thrupenny platform encourages community involvement in the governance process. The community can submit proposals for consideration, and can also participate in the discussions and debate leading up to the voting on proposals. This helps to ensure that the platform's direction reflects the needs and desires of its user base.

### Transparent and Auditable&#x20;

The Thrupenny governance system is transparent and auditable, providing a clear and open system for all token holders. All proposals, voting results and treasury expenditures are recorded on the blockchain, providing a permanent record of the platform's governance. This ensures that the system is fair and equitable, providing a clear and open system for all token holders.


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