# Tokens To create a DAO on Homebase, your community needs to have a token. Tokens give members voting rights. DAOs typically have two types of membership tied to tokens: token-based memberships, where members govern a decentralized protocol together and can purchase tokens through liquidity pools or decentralized exchanges; and shares-based memberships, where a DAO is pooling financial resources to fund development, charity, or investments.\ \ Governance tokens can be 1:1, one membership one vote, or they can be allocated according to reputation, where community members earn tokens through contributing to DAO, and their voting power is proportional to their investment of time, money, labor, or other kinds of resources.\ \ **Please note that on Tezos you cannot use an NFT token as your voting token.** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://faq.tezos-homebase.io/a/why-create-a-dao/tokens.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.