# DHT (legacy)

DHT is the dHEDGE DAO token. It is the governance token today and will remain so until the Chamber token (CHMR) launches. This page documents DHT as it exists now.

## Basics

* **Total supply:** 100,000,000 DHT (fixed)
* **Launched:** September 2020 (token generation event)
* **Ticker:** DHT

## What DHT does

* **Governance.** DHT votes on [Meta-Proposals (DMP)](/governance-and-token/meta-proposals.md) via Snapshot, using the wallet's DHT balance.
* **Fee authority.** DHT holders set the protocol admin fee (the DAO's cut of manager fees). Currently 10%.
* **Revenue share.** Admin fees and direct DAO investments are collected in the protocol treasury.
* **Staking.** An earlier staking-for-rewards system existed (v1 and v2) and is no longer active. See [Legacy staking](/governance-and-token/dht-staking.md).

## Allocation

Unlocking has happened over a three-year schedule from launch. All base allocations are unlocked today.

## What happens to DHT at rebrand

The Chamber token design is not yet finalised. Most likely outcomes — subject to DAO approval via a DMP:

* DHT continues to exist and functions unchanged
* A new CHMR token launches; DHT holders get a path to migrate, swap, or otherwise participate

Details will be published in a DMP before any migration goes live. See [Chamber tokenomics](/governance-and-token/chamber-tokenomics.md) for placeholder information.

## Contract

Use the contract address shown in the Chamber app or the canonical token listing for the chain you are using.


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