The $BOND token will be the system’s governance token, empowering $BOND holders to vote on updates to the platform. Combining governance mechanisms and incentivizing holders, it will serve as a means to align the defferent stakeholders in the system. &BOND will also serve as a security and policy management medium. Decentralized, automated governance, that incentivezes participants and aims for security, sustainbility, and participant welfare is key to a DeFi protocol’s success.