Token & Governance

Two tokens, two purposes — and what governance means in a land registry context.

Two tokens, two purposes

Landblock uses two separate tokens with completely distinct roles. They are not interchangeable.

• LGT — Landblock Governance Token. An ERC-20 voting token used for DAO governance. LGT holders vote on protocol standards, conformance rules, and protocol upgrades. LGT does not represent ownership of land, land rights, or any revenue stream.
• LDBK — Landblock Utility Token. The protocol's utility token, used to pay for operations — submitting proofs, querying records, and using federation services. LDBK is not a governance token and confers no voting rights.

What governance covers

The Landblock Protocol DAO governs the protocol and its standards — nothing else:

• Federation conformance standards (Mirror, Verified, Full Federation criteria)
• The Global Directory of accredited registries
• Protocol upgrades and parameter changes
• Fee structures for protocol operations

What governance does not cover

The DAO does not govern land. It does not adjudicate disputes. It does not override government registries or legal decisions. Courts and governments decide land truth. This is a constitutional constraint, not just a policy preference.

Governance neutrality lock

Any proposal that would give the DAO authority over land outcomes — overriding registry decisions, adjudicating disputes, or affecting land rights — requires an 85% circulating LGT supermajority and a 90-day deliberation window. This is designed to make such proposals effectively impossible to pass, serving as a constitutional constraint on the DAO's own scope.