# 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.&#x20;

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.
