# Future Directions

## Governance

* VGOV token, to govern protocol decisions, compensated by protocol yield.
* Increase use of ungoverned modules, reducing governor scope down to token whitelistings and keeper selection.
  * ProxyRouter module:  governed whitelisting module, which then routes to ungoverned per-token yield modules that handle treasury management for a specific ERC20 asset.
* Increase Keeper abilities to include (a) swapping Treasury assets from A to B, and (b) pushing excess yield to approved external addresses, such as a yield vault.

## Use of Yield

* Protocol-owned liquidity
  * A focus on stable+volatile, such as VUSD-ETH pairs, to encourage both reachability and variance in the spot DEX markets.
* VGOV staking.
* Marketing and growth initiatives.