BZRX tokens give you the right to:
- Claim a share of protocol fees
- Claim a share of the Insurance Fund
- Claim Balancer Pool fees and BAL token rewards
- Vote for representatives in the Legislative branch of the bZxDAO
The purpose of the BZRX token – besides rewarding stakers – is to incentivize good governance. BZRX holders and the entire bZx ecosystem will do better in the long run by electing good representatives. When you stake BZRX tokens, you are also voting for representatives in the governing system. Each staker must decide which representative to stake their tokens with and the three addresses with the most staked tokens will become the three representatives in the Legislative branch of the bZxDAO.