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

# For DAO

**Referral program and participation in DAO**

The referral rewards program and decentralized governance (DAO) mechanisms encourage active community participation:

| Role                         | Rule(BAFEX) |
| ---------------------------- | ----------- |
| Level "Become a referral"    | ≥ 5 000     |
| Level "Bonus"                | ≥ 10 000    |
| Right to vote                | ≥ 25 000    |
| Right to initiate a proposal | ≥ 100 000   |

* Owners of a sufficient number of tokens can not only influence key decisions (changes in fees, APY, etc.), but also make their own proposals.
* In the future, the DAO will vote to adjust the DAO entry thresholds in response to market dynamics and community interests.

Additional details on how DAO works can be found in the [relevant section](/bafex/dao-governance.md).