# Governance ## Overview of the governance and $MCLB's role $MCLB serves not only as a utility token but also as the governance token within the ecosystem, facilitating progressive decentralization. Governance primarily revolves around $MCLB tokenholder (DAO) voting, which is crucial for decision-making within the ecosystem. Tokenholders oversee the management of the community treasury and make key decisions regarding ecosystem development, including product expansion and focus areas. To ensure the DAO functions as a fully decentralized and autonomous user-governed entity, a formalized decision-making process is essential. In a permissionless ecosystem with open smart contract systems, all participants should have the opportunity to propose changes and enhancements. **Quorum:** 500,000 MCLB Tokens --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mclb.org/millennium-dao/dao/governance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.