To ensure the Standards Institute Protocol remains independent and accessible, the $DVT Token is essential to its operation, preventing any external entities from controlling or regulating access. This close integration with the protocol safeguards it from intermediaries and maintains its open nature. The brands behind the Standards Institute are envisioning long-term timelines, where the $DVT token supports the protocol's enduring independence from other tokens and cryptocurrencies.

Please reference our gitbook page for detailed information about the $DVT Token.

Platform users will have the capability to issue credentials on multiple blockchain networks, with initial support for Solana. Platform costs will be funded using the $DVT token, other cryptocurrencies, or traditional payment methods. All revenue received by the platform will be converted through a public “fee converter” into $DVT tokens to cover platform usage costs, and providing a public record.

Proposals submitted to the platform will require a pledge of $DVT tokens; if a proposal is not accepted, the pledged tokens will be forfeited. Additionally, platform fees will be reduced for users who hold a certain threshold of $DVT tokens, incentivizing greater token holdings and active participation in the platform ecosystem.

$DVT tokens serve as the primary medium for paying platform fees within the Standards Institute ecosystem. By using $DVT for transactions, users contribute to the protocol's sustainability and ensure its continued independence from external influences.

Token holders can leverage their $DVT to submit proposals for changes or new initiatives within the Standards Institute. This feature empowers community members to actively participate in shaping the future of the protocol and its associated ecosystem.

$DVT tokens grant voting rights to their holders, allowing them to participate in the decision-making process for important matters. The governance protocol implements a quadratic voting system to ensure fair representation and prevent disproportionate influence from large token holders.

Holding $DVT tokens provides access to exclusive resources and benefits within the Standards Institute ecosystem. These may include advanced features, premium content, or participation in specialized working groups, incentivizing long-term engagement with the protocol.

All proposals, votes, and implementation steps involving $DVT are recorded on a transparent public ledger. This ensures accountability and allows stakeholders to track the progress of initiatives and the overall health of the ecosystem.