## What Is DMM Governance (DMG)?

Founded on March 15, 2020, the DMM Governance token was designed to support the DeFi Money Market (DMM) Ecosystem, which aims to help connect off-the-shelf assets with the crypto community.

The DMM system is decentralized, transparent and designed to enable everyone to re-earn interest in their currency which is backed by real assets represented on the network.

The DMM governance token, DMG, is the tool through which the community can govern and grow the DMM ecosystem and the protocol itself. Ownership of DMG represents the right to govern the parameters of the DMM Protocol and the introduction of new assets to the ecosystem.

The decentralized community that governs the DMM decentralized autonomous organization ([DAO](https://coinmarketcap.com/alexandria/article/what-is-a-dao)) can vote on modifying the DMG tokenomics and utility, through which they can claim excess revenue that is generated by the DMM ecosystem.

This token is a fork of Compound’s ([COMP](https://coinmarketcap.com/currencies/compound/)) governance token with added capabilities that include meta-transaction support and a native burn function.


### Who Are the Founders of DMM Governance?

DMM Governance (DMG) was founded by Corey Caplan and Gregory Keough.

Corey Caplan is an entrepreneur with experience in the fields of software as a service, consulting and cryptocurrency. His past experience includes co-founding and working as the CEO at Dolomite and as the CEO of Caplan Innovations LLC.

Gregory Keough is the CEO of DMM Governance. He has over 25 years of experience in entrepreneurship and digital innovation. His past experiences include being the founder and chairman of the Institute for Blockchain Innovation and the founder of Blockchain Credit Partners.


#### What Makes DMM Governance Unique?

DMM seeks to leverage the benefits of the [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) in order to provide small- and medium-sized enterprises globally with a similar level of access to capital that large companies have always enjoyed.

As such, the goal of the DeFi Money Market protocol is to bridge the gap between the ecosystems of traditional finance and cryptocurrency. DMM gives users the option to combine real-world assets with on-chain digital assets and earn interest.

The DMM DAO functions through the use of the native [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20)-based DMG token. The DMG token holders enjoy voting rights on protocol governance and are incentivized to maintain and improve the DeFi Money Market ecosystem. They also receive a percentage of the profits generated within the ecosystem.

DMG also has native burn functions and meta-transaction support; the DMM DAO can choose to burn parts of the maximum supply of 250 million DMG tokens.


#### Related Pages:

Learn more about [Zilliqa](https://coinmarketcap.com/currencies/zilliqa/).

Learn more about [Dogecoin](https://coinmarketcap.com/currencies/dogecoin/).

Discover how to mine Monero on [CMC Alexandria](https://coinmarketcap.com/alexandria/article/how-to-mine-monero).

Learn more about cryptocurrencies on the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


#### How Many DMM Governance (DMG) Coins Are There in Circulation?

DMM Governance (DMG) has a circulating supply of 50,174,346 DMG as of February 2021 and a maximum supply of 250,000,000 DMG.


### How Is the DMM Governance Network Secured?

DMM Governance works with Chainlink’s decentralized oracles that add an extra layer of security and trust to the ecosystem by writing essential valuation and total collateralization data on-chain. 


### Where Can You Buy DMM Governance (DMG)?

If you are interested in buying, trading, or selling DMM Governance (DMG) coins, it can be done on the following exchanges:



*   [OKEx](https://coinmarketcap.com/exchanges/okex/)
*   [BitZ](https://coinmarketcap.com/exchanges/bitz/)
*   [BiONE](https://coinmarketcap.com/exchanges/bione/)
*   [BKEX](https://coinmarketcap.com/exchanges/bkex/)

Check out our [guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to learn how to buy Bitcoin ([BTC](https://coinmarketcap.com/currencies/bitcoin/)) and other cryptocurrencies.


DMM: Governance

Trust Wallet

MetaMask

Humaniq

xDai is a cryptocurrency that is pegged to the US dollar. The xDai chain is a stable payment blockchain that is designed for fast and inexpensive transactions. STAKE is secured by proof-of-stake consensus. xDai was founded on Oct. 1, 2018.

STAKE is a multi-chain staking token that is designed to secure the payment layer. Staking allows validators and delegators to provide transaction consensus and receive staking incentives for block production. It is only required for consensus providers, not everyday on-chain transactions.

xDai was created by the POA Network, an open-source public side-chain of Ethereum founded in April 2017. It offers a framework for smart contracts which provides developers with an easy and effective way to code on Ethereum, while also leveraging the POA Network capabilities.

STAKE

High Performance Blockchain is the first permissionless public blockchain to innovate with hardware acceleration and provably random numbers:

acceleration delivers fast, ultra low-fee, on-chain transactions

provably random numbers support 100% fairness

HPB (the coin) is used to pay transaction gas fees and to reward node operators.

Hyperblox

EOSDT

v.systems

WOM Protocol

Ampleforth is an Ethereum-based cryptocurrency with an algorithmically adjusted circulating supply. It is designed to be the base money of the new decentralized economy, by providing an asset that cannot be diluted by supply inflation and remains decoupled to the price action of other cryptocurrencies—and Bitcoin (BTC) in particular.

With Ampleforth, token holders own a fixed fraction of the total AMPL circulating supply, rather than a fixed number of tokens. When the protocol detects that the price of AMPL is too high, it increases the circulating supply, whereas the supply is decreased if the price is too low.

This change is propagated to all Ampleforth wallets, which have their wallet balance adjusted proportionally. Irrespective of this change, AMPL holders will still retain the same percentage of the token supply.

This automatic supply adjustment process is known as a “rebase” and occurs once each day, with a positive rebase if the price goes above $1.06, and a negative rebase if it is below $0.96. The overall goal of the system is to create incentives that drive the market price of AMPL back to ~$1.

Ampleforth

Populous is a network designed to offer small and medium-sized enterprises (SMEs) invoice liquidity for up to 90 days. Launched in 2017, Populous is designed to enable peer-to-peer (P2P) interaction between enterprises, boost liquidity and solve problems with working capital for SMEs.

By relying on blockchain technology and smart contracts, the Populous network facilitates decentralized communication between businesses and allows them to share liquidity pools. According to the network’s official whitepaper, there is a need for liquidity in the sector, and Populous is trying to bring the solution. By providing short-term liquidity to enterprises through P2P lending, the network gives enterprises quick access to capital, which cannot be achieved by waiting for customers to settle invoices.

Populous

HyperCash

BitKan

Kyber Network Crystal Legacy

WaykiChain

Beacon

BoutsPro

ABCC Token

QuadrantProtocol

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.

Mainframe Token (MFT) is the native utility token that is used for:

Governance votes

Staking to ensure the safety of the protocol

Rewarding contributors to the ecosystem

What can you do with the Hifi Lending Protocol:

Borrow:  Lock collateral in a vault to mint fixed-rate, fixed-term debt tokens.  These debt tokens can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens.

Lend:  Buy fixed-rate, fixed-term debt tokens for a discount.  When the term expires they can be redeemed for face value, earning lenders a predictable return on their investment.

Provide Liquidity:  Earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker (AMM).

Mainframe

Established in July 2020, TrustSwap is a diverse Web3 ecosystem creating secure infrastructure for blockchain builders and communities. The TrustSwap Launchpad is a leading Launchpad and IDO service, achieving the #1 spot on Cryptorank in 2023 for All-time High Returns and Average Returns. TrustSwap has launched over 55 projects with a collective fundraising of over $70 million.

TrustSwap is also the parent company of The Crypto App and Team Finance, which offer a suite of multi-chain services including crypto portfolio tracking, token and liquidity locks, minting, staking, and vesting-as-a-service.

SWAP token is the key to accessing guaranteed allocations in top-tier IDOs via the TrustSwap Launchpad. Staking more SWAP tokens longer increases your SWAP Score and unlocks higher allocations as well as other perks for top stakers.

DMM: Governance cena
DMG

DMM: Governance community

DMM: Governance noviniek

Informácie o DMM: Governance

Najnavštevovanejšie kryptomeny

Trendujúce