> For the complete documentation index, see [llms.txt](https://docs.metronome.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.metronome.io/tokenomics/governance.md).

# Governance

<figure><img src="/files/Qjjxo3IHRDWMI2dYLpG0" alt=""><figcaption></figcaption></figure>

**Understanding Governance**

Within the Metronome ecosystem, users will need to lock up their $MET tokens in order to vote on proposals. esMET holders play a pivotal role in emission-related decisions. This includes voting on directions for the Smart Farming boost, setting liquidity and esMET requirements to qualify for the boost, deciding on what assets should be added to the application, and making choices on protocol-specific matters, such as increasing or decreasing collateral ratios.