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

# Governance & Tokens

- [Overview](https://paragon-protocol.gitbook.io/paragon-protocol/governance-and-tokens/overview.md): Paragon is designed to be community-owned and execution-driven.
- [Governance (Voting)](https://paragon-protocol.gitbook.io/paragon-protocol/governance-and-tokens/governance-voting.md): Paragon governance allows users to propose and vote on protocol decisions.  Voting power is earned through participation and later transitions to veXPGN-based on-chain governance.
- [veXPGN (Locking & Power)](https://paragon-protocol.gitbook.io/paragon-protocol/governance-and-tokens/vexpgn-locking-and-power.md): veXPGN is Paragon’s governance and value-alignment layer.  By locking XPGN, users gain voting power, influence protocol parameters, and participate in system-level incentives.