# Governance Tokens

100 Governance Tokens (GT) are available. There is a limit of 5 GTs per person.

Governance Token (GT) holders receive a 20% disbursement of profits 12 months after the first LANDAO property acquisition closes. Thereafter, GT holders will continue receiving 20% profit disbursements if at least one acquisition has successfully closed during the preceding 12 months.

## Governance Tokens (GT)

1. A Governance Token can be acquired for each 60,000 Native Tokens that you have in your account.&#x20;
2. If you wish to acquire more that one Governance Tokens, you need to purchase and maintain an additional 60,000 Native Tokens for each additional GT. This is capped at 5 GTs.

## How to sell/transfer Governance Tokens

1. The receiver must verify their identity and own at least 60,000 Native Tokens.
2. You may then initiate sale/transfer of your GT to the receiver.

{% hint style="info" %}
Due to the nature of the assets being acquired (US farmland), there is a KYC requirement for 51 GTs. This is not a LANDAO decision; it is required to assure compliance of US law.
{% endhint %}


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