## 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

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Axie Infinity

Lido DAO

Maker

FLOKI

Pendle

Ondo

Immutable

Ethena

Render

Pepe

Panther Protocol

Bit.Store

xx network

Wrapped Dogecoin

Landwolf

Kyber Network Crystal Legacy

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

Pillar

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

AirSwap

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.

TrustSwap

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

QuadrantProtocol

The Suterusu Protocol is a second-layer private payment infrastructure for smart contract platforms. The Suterusu Protocol uses the original and most advanced ZK-ConSnark algorithm that does not require a trusted setup. The algorithm’s proof size is significantly reduced and the proof generation and verification efficiency are greatly improved compared with similar solutions. Since no trusted setup is required, it is safe and transparent. The technical paper has been accepted by Eurocrypt 2021(https://eurocrypt.iacr.org/2021/acceptedpapers.php, https://eprint.iacr.org/2021/540). The Suterusu Protocol has been deployed on Ethereum, Binance Smart Chain, Heco, SmartBCH (BCH sidechain), Theta, etc. We plan to deploy Suterusu protocol on the following smart contract platforms including Near, Solana, Avalanche, Moonbeam, Plasma, Matic, etc. It is also the first privacy project funded by the official Cypherpunk Guild Fund of Near. We are also applying for the Solana and Polkadot ecosystem grant. The Suterusu Protocol intends to build a private payment infrastructure for any cryptocurrency. The Suterusu project has received investment from well-known institutions such as Dialectic (a fund founded by the former Polychain partner Ryan Zurr), Fundamental Labs, FBG, Continue Capital, DeFi Alliance, and other well-known institutions.

suterusu

dHedge DAO

Genaro Network

CyberVein's big-data solution is based on the PISR (private, interlink, secure, robust) distributed database, database operations are stored on CyberVein blockchain network which runs on a Proof-of-Contribution (PoC) consensus mechanism. The solution is focusing on enterprise-level "blockchain + big-data" customized services.

CVT is the native utility token that is used for:

Storage payment: The data owner pays the corresponding storage fee based on the file size and bandwidth consumed in such a process.

Computing power payment: Payments from user to owner for usage, and remuneration for software developers is going to be exclusively conducted in CVT.

Data exchange: On CyberVein's federated learning platform, the data acquirer trades the data at a price contracted between the two parties for distributed modeling applications.

CROSS NFT issuance payment: Dapp businesses are obligated to pay for Storage and Data Exchange in light of network resources occupied, and may set up CyberVein token as a means of payment to issue NFT or conduct business in accordance to their desired business model.

CyberVein tools include:

PISR Consortium database, creates better data management: through safe and reliable virtual machine operation and maintenance of user data, data is efficiently aggregated for upstream data, and data traceability and tracking are realized to ensure the reliability of data sources and outputs, and achieve cross-level, cross-departmental data sharing to improve the timeliness, diversity, stock and density of data to realize the commercial value of data, and truly solve the problems in data flow.

DAG storage chain, creates safer data storage, with better efficiency, no block confirmation, low transaction fees, and also eliminates miner, supports asynchronous verification and parallel processing of each node, the more nodes, the faster the speed, the stronger the scalability, which leads to better scalability. The database backup on DAG storage chain provides an extra layer of security for businesses.

Cytrix, allows GPU to be shared. Nodes can contribute part of their GPU to the network, in return for compensation through the Proof of Contribution mechanism. The contributed GPU can aid enterprises or individuals in data modeling with federated learning.

Federated Learning Platform, enables data to be monetized. Federated Learning is a distributed machine learning workflow. The datasets are first trained locally, and the data of all parties is kept locally, without revealing privacy or violating regulations.  Individual terminals return trained models to the server to create a shared model. Effectively protect data privacy and security, solve the problem of information silo, and thus realize the value of data. The platform will also provide algorithms to support data modeling operations by enterprises and individuals.

CyberVein

Nimiq is designed to make cryptocurrencies easy to use for everyone without compromising decentralization. Nimiq is the only blockchain where users always participate directly by default. In comparison to the likes of Bitcoin and Ethereum where the default is to use a third-party node to connect to the network. Learn more: https://youtu.be/dA40oyDVtqs

Team Nimiq invented Nimiq OASIS, the DeFi crypto-fiat bridge! Atomic swaps between crypto like NIM and BTC (ETH coming soon) and fiat currencies like EUR (USD next) with no personal information are now possible. Earned swap fees are converted to NIM and held to create scarcity. See how it works: https://youtu.be/Spp_Be4dHaM

Nimiq created Albatross, a new, super fast Proof-of-Stake consensus algorithm that will launch with Nimiq 2.0, the next version of the Nimiq Blockchain. We expect ~1000 TPS and finality in one second, pushing Nimiq 2.0 to the theoretical limits of single chain blockchain protocols. Energy consumption will also be reduced to less than 1% (compared to current Nimiq POW) with this upgrade. Try out the demo: https://www.nimiq.com/albatross/

Nimiq’s “super-halving” coming soon! The transition to Nimiq 2.0 will reduce the emission rate from currently ~3000 NIM to only ~525 NIM per minute. Calculate your rewards using the Staking Calculator: https://www.nimiq.com/staking-calculator/

Join the friendly Nimiq Community to ask questions and learn more: https://www.nimiq.com/community/

Nimiq

Safe Haven

Zap (ZAP) is the first-ever decentralized oracle platform to be released to the public. The official launch for Zap oracles was in January 2019; however, work and development on the project began in 2017, when the coin first went public. The Zap protocol is an innovative take on data sharing, token creation and decentralized applications (DApps). In addition, the platform allows users to set bonded pricing curves. The combination of all these capabilities makes Zap a multifunctional blockchain solution for a wide range of applications.

The Zapp protocol’s main goal is to be an all-in-one solution for DApp developers, investors and other enterprises looking to introduce blockchain decentralization to their operations.