> For the complete documentation index, see [llms.txt](https://docs.yieldnest.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.yieldnest.finance/untitled/governance-and-tokenomics/ynd-and-veynd-tokenomics/veynd-parameters.md).

# veYND Parameters

**How is veYND Used?**

veYND is the governance token for YieldNest, enabling users to participate in decentralized decision-making. To mint veYND, users stake YND and receive an NFT that accumulates voting power over time. The longer YND is locked, the greater the voting power, aligning long-term commitment with increased influence.

Holding veYND gives users the right to vote on critical protocol decisions, including yield strategies, parameter adjustments, and incentive structures. It also entitles holders to a share of protocol-generated rewards, proportional to their voting power. This model ensures that YieldNest remains governed by its community, with protocol evolution guided by its most engaged stakeholders.

**veYND Parameters**

These parameters are subject to change through governance proposals voted on by veYND holders, enabling flexible and community-driven protocol evolution.