# DAO Specifications

### **Overview**

[xyzDAO](https://dao.universe.xyz/governance/overview) is an initiative, which grants voting rights to the $XYZ holders and lays the foundation for Universe Protocol. Universe protocol is a social media NFT platform that includes minting, marketplaces, social tools, NFT tools, and auctions.

[xyzDAO](https://dao.universe.xyz/governance/overview) empowers the community by enabling decentralized decision making in the Universe protocol. 

It is governed by the $XYZ tokens and is the core component of the Universe platform.

### **$XYZ Total Supply**

The $XYZ token contract doesn't have the mint function, so the total supply is and always will be 1,000,000,000.\ <br>

{% content-ref url="dao-specifications/diamond-standard" %}
[diamond-standard](https://docs.universe.xyz/dao-specifications/diamond-standard)
{% endcontent-ref %}

{% content-ref url="dao-specifications/thresholds" %}
[thresholds](https://docs.universe.xyz/dao-specifications/thresholds)
{% endcontent-ref %}

{% content-ref url="dao-specifications/multiplier-and-voting-power" %}
[multiplier-and-voting-power](https://docs.universe.xyz/dao-specifications/multiplier-and-voting-power)
{% endcontent-ref %}

#### Next Section

{% content-ref url="proposals-and-voting" %}
[proposals-and-voting](https://docs.universe.xyz/proposals-and-voting)
{% endcontent-ref %}