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Governance
TiTi : The Protocol Governance Token
As a total decentralized protocol, adjustment rights of any protocol core parameters and mechanism in TiTi Protocol are transferred to community members. As to meet the governance needs of the Protocol, TiTi Protocol will issue a governance token TiTi. Similar to the governance mechanism of Compound[13], TiTi is mainly used for proposals and voting.
The parameters and mechanisms that the community can adjust in the TiTi Protocol include but not limited to:
1) The time interval and spread threshold triggered by the ReOrders mechanism;
2) The opening of new M-AMMs and the upper limit of the number of issued tokens;
3) Percentage of new market-making value used to deposit into Rainy Day Fund;
4) The proportion of new market-making value used to incentivize MMF expansion.