> For the complete documentation index, see [llms.txt](https://docs.ichi.org/legacy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ichi.org/legacy/ichi/ichi-governance.md).

# ICHI Governance

Governing the ICHI DAO

**ICHI** is a DAO ([Decentralized Autonomous Organization](https://ethereum.org/en/dao/)) governed by the community of ICHI token **stakers**.

Proposals on everything from halvings to partnerships are submitted to the community via [Telegram](https://t.me/ichifarm) and voting is done on [Snapshot](https://snapshot.org/#/ichi.eth).

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### **Separation of Governance: ICHI Protocol vs. oneTokens**

**ICHI** is the governance token of the ichi.org community and platform.  It is hard capped at 5M tokens.  Each ICHI is a vote on [halvings](/legacy/ichi/liquidity-programs/halvings.md),[ partnership proposals](/legacy/partners/investors.md), allowed [oneToken components](/legacy/developers/core-technical-concepts.md), [oneToken community](broken://pages/-MaZlnP4mV996mWnot_p) additions, etc**.** in exchange for protocol governance rewards.

**oneTokens** are the governance tokens of each specific oneToken system. Learn more: [oneToken Governance](/legacy/developers/core-technical-concepts/governance.md)
{% endhint %}

## **Staked ICHI (xICHI)**

Staking ICHI tokens gives stakers:

1. **ICHIpowah** to propose and vote on ICHI governance proposals to determine future features and/or parameters of the ICHI platform as well as protocol improvements, with voting weight calculated in proportion to the tokens staked (the right to vote is restricted solely to voting on features of the ICHI platform; the right to vote does not entitle ICHI holders to vote on the operation and management of any legal entity, their affiliates, or their assets or the disposition of such assets to token holders, and does not constitute any equity interest in any of these entities). The arrangement is not intended to be any form of joint venture or partnership.
2. **Rewards** for participating in governance proposals. It is the community members which would drive development of the ICHI platform, so token incentives would need to be distributed to compensate them for their time, expertise and effort. Only users who have participated in submission of proposals, commenting, reviewing and/or voting will be entitled to receive ICHI token governance rewards.

{% hint style="success" %}
[Stake ICHI here](https://app.ichi.org/) by clicking the ICHI dropdown and selecting "Stake".
{% endhint %}

![](https://261418477-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MaZhSQgVf5SR16Ehb03%2F-MeWgvb2cypwLgJdRlF9%2F-MeWhqQAAQ-DQTZUxUOS%2FScreen%20Shot%202021-07-13%20at%202.13.00%20PM.png?alt=media\&token=6f477744-c911-4395-bb5b-edf7383d3d78)

### **ICHIpowah**

In order to participate in ICHI governance, which includes proposing community initiatives and voting on others' proposals, you must have ICHIpowah. **ICHIpowah** is voting power within the ICHI community. It is calculated by the number of ICHI tokens staked. **xICHI** is minted when you stake ICHI.

### Participation Rewards

xICHI holders can be rewarded by oneToken treasuries by staking ICHI. oneToken treasuries pay 2% management fee and 20% performance reward directly to xICHI. There is no specified schedule for when payments are made out to xICHI so an APY will only be available in hindsight. The best way to avoid missing a payment is to keep your ICHI staked in xICHI.

Rewards to xICHI holders are announced via [Telegram](https://t.me/ichifarm) and can be found in the Week In Review (WIR) posts on [ICHI's Medium](https://medium.com/ichifarm).