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

# Governance

Governance for Extrafi and XLend is managed by veEXTRA holders through an on-chain process using [Snapshot](https://snapshot.org/#/extradao.eth). This decentralized governance model ensures that key decisions are made collectively by the community, fostering transparency and inclusivity. Proposals must be approved via Snapshot voting before implementation. We encourage discussions in the Discord “convos” channel before submitting proposals.