# dao

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Governance in DeFi should be more than just holding a token to vote. It should represent real commitment to the ecosystem.
On STONfi, governance goes beyond simple voting through a system built around GEMSTON rewards and the Arkenston NFT.
When users stake STON, they receive an Arkenston NFT, a non transferable (soulbound) NFT that represents their governance power and participation in the protocol on The Open Network.
How the governance model works:
Arkenston NFT
A soulbound NFT that proves your stake and participation in governance. Because it cannot be transferred, voting power stays tied

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