# Governance

As OneStop develops, the protocol will gradually embrace decentralization, ultimately being overseen by a DAO (Decentralized Autonomous Organization) composed of OST token holders, along with governance frameworks both on-chain and off-chain. The initial phase of OneStop will be set in motion by the founding team.

The OST token will play a crucial role in governance. It will be necessary for introducing and then voting on proposals (OneStop Improvement Proposals) that impact vital aspects of the protocol, including its economics, security, and development.

Potential topics for governance voting include:

* **Interest Rate Model**: Decisions on how interest rates for lending and borrowing are calculated and adjusted.
* **Asset Addition**: Approval of new assets that align with the protocol's risk criteria.
* **Risk Parameters**: Setting standards for overcollateralization and liquidation thresholds to manage risk effectively.
* **Liquidity Mining Program Modifications**: Adapting incentive structures in response to fluctuating market conditions.
* **Protocol Enhancements**: Implementing changes to smart contracts and refining governance procedures.

These elements will collectively contribute to the protocol's adaptability and responsiveness to both user needs and broader market dynamics.
