> For the complete documentation index, see [llms.txt](https://delnorte-terra-vision.gitbook.io/delnorte-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://delnorte-terra-vision.gitbook.io/delnorte-docs/dao/voting-rights-and-governance.md).

# Voting Rights & Governance

Investors holding **voting tokens** have the right to participate in governance. These tokens are represented with a "–v" suffix (e.g., **NYC1-v**) and allow holders to:

* **Vote**: Influence decisions on asset management, secondary offerings, and other critical issues.
* **Nominate Third-Party Representatives**: Vote on or nominate verified third-party managers to oversee asset operations.

Voting on key issues is carried out through actionable proposals. For example, **Secondary Token Offerings (STOs)** allow the creation of additional tokens to raise funds for projects, with safeguards in place:

* Tokens are locked in **escrow** and reversible if predefined targets and deadlines are not met.
* STOs require majority approval from token holders to proceed, ensuring that decisions are made transparently and with broad consensus.