What makes Silo Token special?
The SILO token is a governance token for the Silo Finance ecosystem, a protocol that focuses on providing isolated lending and borrowing options for individual tokens. This structure ensures that risks associated with one asset do not impact the others, enhancing security for users. Holders of the SILO token have the ability to participate in governance decisions, influencing key aspects of the protocol’s development and updates. This includes voting on protocol changes and new feature implementations, directly shaping the future and functionality of the Silo platform.