> For the complete documentation index, see [llms.txt](https://docs.paddlefi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.paddlefi.com/governance/about-padd.md). # About PADD $PADD is integral to the Paddle DAO and serves several key functions designed to reward liquidity contributors and engage long-term supporters in the governance of Paddle Finance. ## **Governance Participation** PADD holders will have the right to vote on various DAO proposals and platform parameters, actively participating in the decision-making process. ## **Token Accessibility** $PADD is not claimable yet. To align with our Token Generation Event (TGE) timeline on decentralized and centralized exchanges, all $PADD rewards earned on the Paddle platform, though visible and trackable, will be claimable at a later date. We will keep you updated through our official social media channels and appreciate your understanding and support as we strive to provide a seamless experience on Paddle. ## **Buyback & Burn** As part of our commitment to enhancing value for our stakeholders and supporting the stability of the $PADD token, Paddle Finance will allocate **25% of our monthly revenue to buy back and burn $PADD tokens** starting within 3 months after TGE. This strategic initiative is designed to reduce the overall supply of $PADD tokens in circulation, potentially increasing their scarcity and value over time. The buyback and burn process will be conducted transparently, with details provided regularly to our community. This approach not only underscores our dedication to responsible financial management but also aligns with our long-term goals to foster a robust and sustainable ecosystem for all users of Paddle Finance. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.paddlefi.com/governance/about-padd.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.