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What is JPEG Cards?
JPEG is a valueless governance token that has no economic value. It’s sole purpose is a utility token to govern the protocol. In exchange for swapping tokens to the DAO you will receive a valueless governance token with zero expectation of profit. Holders of JPEG can create or vote on governance proposals that shape and oversee the protocol. Such proposals may include, but are not limited to, changing debt limits on vaults, changing deposit, interest fees, insurance, or any other type of fees, approving increased credit limits for certain NFTs, etc.

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