Governance is an integral aspect of Yamfore. The Yamfore protocol, similar to many other protocols, uses a token weighted voting process. This fairly gives the individuals with the most monetary stake in the protocol a larger say in the development of the protocol. This also creates a necessary threshold for crucial proposed changes to the protocol, requiring the true consensus of a large enough percentage% of $CBLP token holders to initiate / approve these proposals.
This means that only $CBLP token holders are in complete control of the protocol’s lending parameters / development direction. These protocol parameters are only able to be altered via on-chain governance, inbuilt into the protocols smart contracts. This ensures the $CBLP token holders are able to adjust the protocol’s parameters in a democratic & trustless fashion without the need of intervention from further external development input / reliance on any entity to perform the task.