The Mento token is a governance token designed to facilitate decentralized decision-making within the Mento Ecosystem. The primary utility of MENTO lies in its ability to empower token holders to influence the protocol's development, management, and operational decisions through a structured governance process. MENTO holders can lock their tokens to receive veMENTO, a non-transferable governance token that grants voting power. The amount of veMENTO received depends on the duration for which MENTO tokens are locked, encouraging long-term commitment.
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