# What is a governance shareholder and why is this method used to launch the protocol?

The **governance shareholders** mechanism is LynkCoDAO’s exclusive method for its genesis launch, designed to replace traditional project team–led token issuance and truly enable **equal starting conditions for everyone**.

This mechanism operates through **globally synchronized open subscription**, **daily discount reduction**, and a **unified entry smart contract**, ensuring that all users acquire LNK **without first-mover advantages or privileges**.

At the same time, participants are bound to the DAO’s **foundational governance levels (V1–V4)**, granting them **construction rights** and **proposal rights** from the very start.
