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

# Governance

Governance is critical for decentralized applications.

The parameters of the NFTSwaps platform will be governed by the $SWAPS token holders. Here is what $SWAPS holders will be able to vote in order to decide at this phase of development:

1. Percentage revenue of the NFTSwap DEX that will be recycled to $SWAPS holders by buying back and burning $SWAPS. Default - 80%.
2. Requirements and Approval of project approval for listing.
3. Requirements and Approval of project approval for yield farming.
4. Team structure and marketing spend of platform's resources.
5. *More to come.*