# DAO Governance vePT holders are entitled to join the [Phemex DAO](/phemex-web3-whitepaper/features/phemex-dao.md) boardroom and actively engage in the decentralized governance of Phemex. The governance structure of the DAO allows vePT holders to propose and vote on changes to the platform, including changes to fees, rewards, and new products. These proposals and votes are carried out through a transparent and auditable voting system, with each vePT holder having proportional voting power based on their holdings. Additionally, the DAO incentivizes vePT holders to participate in governance by offering rewards for active participation. Overall, the DAO governance structure provides VePT holders with a direct say in the direction and management of the Phemex platform, making it a truly decentralized and community-driven ecosystem. [Join the PhemexDAO Discord](https://lihi2.cc/aZv3x) --- # Agent Instructions: 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: ``` GET https://phemex.gitbook.io/phemex-web3-whitepaper/features/phemex-token/token-benefits/dao-governance.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.