> For the complete documentation index, see [llms.txt](https://phemex.gitbook.io/phemex-web3-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://phemex.gitbook.io/phemex-web3-whitepaper/features/phemex-dao.md).

# Phemex DAO

The Phemex DAO is the source of our platform's decentralized communal decision-making. Following [the launch](https://phemex.com/web3/pt-bidding) of the [Phemex Token (PT)](/phemex-web3-whitepaper/features/phemex-token/pt.md), 40% of token supply along with any remaining tokens from [pre-mining](/phemex-web3-whitepaper/incentives/trading-rewards/xpt-pre-mining.md) will be sent to the DAO treasury and managed by DAO members. 

#### Mission and values: 

The mission of the exchange is to provide a decentralized, secure, and transparent platform for buying and selling cryptocurrencies. Our values include decentralization, security, transparency, and community-driven decision-making. These values will guide all decision-making within the exchange, and will be reflected in the governance structure and processes.

[Join the PhemexDAO Discord](https://lihi2.cc/aZv3x)