$BONZO Utility
The Bonzo Finance protocolβs native $BONZO token possess, but is not limited to, the following utility:
Utility
Description
DAO Governance
The Bonzo Finance DAO, set to launch in 2025, will provide $BONZO token holders with the ability to both write proposals and vote on features, updates, and changes to the Bonzo Finance protocol. The Bonzo Finance DAO ensures decentralization of the Bonzo Finance protocol and offers utility to $BONZO token holders.
Single-Sided Staking
Bonzo Finance offers single-sided staking for $BONZO token holders to receive an APY reward as a form of utility. On a long-term timeline, a portion of protocol fees will be utilized to continue rewarding users who participate in this activity.
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