The Collective is a DeFi reflection token that focuses on fixing the problems plaguing DeFi through simplicity, community focus, sustainability and transparency. The overall goal of The Collective is to eventually transition into a self-governing protocol. Here, the community can decide how treasury, DAO and developer funds will be used to advance the protocol. One example could be investing pooled resources into Ethereum nodes, providing a second source of passive income. This Community-First approach is true DeFi.