The MoneySwitch Token (MST) is the governance token of MoneySwitch. It enables token holders to participate in governance, share in generated interest, and stake to the Credit Default Protection Pool.
As MoneySwitch moves towards full decentralization, MST holders will be responsible for governance. MST holders can submit and vote on proposed changes to the platform, including adjusting fees, minting, or burning MST, and other platform level changes. MST holders can also vote on use of the revenue generated through lending on MoneySwitch.