ℹ️NDT & NLP Tokens Overview

Difference between the NDT Token and NLP token of NEO DAO:

NDT tokens (Governance Tokens) and NLP tokens (Liquidity Provider tokens) are different types of tokens that serve different functions within a NEO DAO.


NDT tokens are used for governance purposes, such as voting on proposals and participating in decision-making. NDT token holders have the ability to shape the direction and strategy of NEO DAO, and can have a direct impact on its success. NDT tokens are also often required to access certain features or services within the NEO DAO.


NLP tokens, on the other hand, are used for liquidity provisioning, meaning that they are staked in order to provide liquidity for NEO DAO. NLP tokens are used to earn a percentage of the trading fees that are generated by NEO X that they help to provide liquidity for. In addition, NLP tokens also can help in a NEO DAO treasury management as well as in its community engagement.


The advantages of each token.

NDT Token: One of the advantages of NDT tokens is that it allows you to have a say in the decision- making process and direction of the NEO DAO, and potentially earn rewards. 
 
 NLP Token: For NLP tokens, one advantage is that they provide a way for users to earn passive income by providing liquidity to NEO DAO, and also help in overall good functioning of the DAO.