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

# Governance

The Solv DAO enables collective decision-making through its governance system, where participants who hold $SOLV tokens can submit and vote on governance proposals to guide the protocol's development.

The governance infrastructure for the Solv DAO operates via smart contracts deployed on the BNB Chain, a high-performance Layer 1 blockchain that is Ethereum Virtual Machine (EVM) compatible. The $SOLV token serves as the primary governance instrument within these smart contracts.

Through the Solv DAO, token holders gain meaningful influence over the protocol's evolution. The DAO structure transforms protocol governance into a community-driven process, with $SOLV tokens as the key to participation.

More details coming soon. Stay tuned for our announcements.