Mango intends to combine the liquidity and availability of CeFi with DeFi's permissionless innovation at a lower cost to the end user than both currently. To achieve this, Mango offers margin trading, lending and sustainable futures, and decentralised governance to determine future development. In the long run, Mango's license-free ecosystem encourages spectacular, quirky and unpredictable innovation that might go beyond centralised finance. With lighlightning transaction execution speeds and near-zero fees, Mango leverets the power of Solana, a high-performance blockchain, and Serum DEX, a decentralized, permit-free central limit price order book for margin trading. The Mango token is first and foremost a governance token. In general, token holders have the right to upgrade the protocol as they see fit, and is only subject to the CHECKS and balances of the DAO. This allows token holders to create incentives to reward participation and drive the use of the agreement.