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

# Governance

Nuon’s architecture optimizes for the lowest risk and highest yield through its veto-based governance. It is flexible enough to add new strategies, bootstrapping through partnerships, and initial token distribution to tap into a de facto council of aligned experts. The governance module itself is lightweight and limited in scope.

MaxCap token holders stake their tokens to receive weighted voting rights, which is a prerequisite for earning rewards.

 MaxCap stakers are able to:

1. Veto proposed vaults, which they deem too risky
2. Vote on which vaults should receive new USDC deposits
3. Set the Treasury buffer amount and cap NUON minting