> For the complete documentation index, see [llms.txt](https://oin-finance.gitbook.io/925/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://oin-finance.gitbook.io/925/oin-token/utility.md).

# Utility

### The utility of the OIN token

The OIN Token is OINDAO's native token. It will act as a governance token for the different stablecoins and the settings of their respective parameters e.g., Minimum Collateralization Ratio, interest rate, token distribution, and Treasury fund distribution. 

While the protocol is still currently in development, the OINDAO development team expects that a full DAO-governance will be implemented in July 2022, though the final date is still subject to changes.