> For the complete documentation index, see [llms.txt](https://amanafis-organization.gitbook.io/amanafi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://amanafis-organization.gitbook.io/amanafi/features/amanadao.md).

# AmanaDAO

AmanaDAO is the governance platform of the AmanaFi Ecosystem, implementing the rules of a Decentralised Autonomous Organisation (DAO). Participants of this DAO are the holders of the $AMAN Token, the governance token of AmanaFi.

#### Participation and Voting&#x20;

Holders of the $AMAN Token can use the platform to vote on new developments and important aspects of the AmanaFi Ecosystem. Key decisions include determining which projects to allocate Waqf funds to and any other changes or improvements for the ecosystem.

#### Proposal Submission&#x20;

Participants can also submit proposals, which may include:

* Improvements to the overall AmanaFi ecosystem.
* Allocation of the Waqf Fund to projects they believe are most beneficial.

The voting timeline for each proposal can be determined by the sender, allowing for flexibility and responsiveness within the governance process. This setup ensures that the AmanaFi community actively participates in shaping the future of the ecosystem, aligning with the principles of decentralization and collective decision-making.

AmanaDAO empowers the community to have a direct impact on the growth and direction of AmanaFi, ensuring that all actions are in line with the values and needs of its users.

By utilizing the $AMAN Token, the governance process becomes more inclusive, encouraging holders to actively participate. Additionally, the automatic reward mechanism incentivises holding the token, as users receive rewards simply by maintaining their token balance.

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