KLAYswap governance establishes a system for KSP value growth and overall ecosystem growth through KLAYswap DAO, an agreement that operates governance through voting. DAO stakes KSP, obtains voting rights (vKSP), and receives KSP inflation rewards in return for exercising voting rights and participating in governance. Since DAO can earn greater profits from rising KSP value, DAO naturally determines major issues of the protocol based on the basic premise of ecosystem growth through rising KSP value.KLAYswap creates continuous demand for KSP to secure voting rights (vKSP) and induces an increase in KSP staking participation through a governance structure in which KSP value rises and DAO interests are directly linked. This not only forms a stable price support base for KSP, but also forms a virtuous cycle structure that enables KSP to continue to increase its value with governance and DAO activation.