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BZRX is the most powerful open finance protocol, and applications built to enable lenders, borrowers, and traders to use the most flexible decentralized finance protocol on Ethereum.
BZRX token is a governance token. Overall, token holders have the right to upgrade the protocol as they see fit, but only with the checks and balances of bZxDAO. This allows token holders to create incentives to reward participation and drive usage of the protocol. Many proposals have been made to capture value and drive participatory governance. These include:
fee sharing for participation in governance;
fee mining rewards for protocol users;
my BAL rewards for using floating liquidity from unclaimed fees to liquidity;
insured funds The asset backing the token.