What are governance tokens?
Governance tokens are a kind of cryptocurrency that gives you a certain amount of power. Holders of these coins have the right to vote on the future of a decentralized protocol—e.g., a DAO or DEX.
Sometimes, governance tokens give you the power to bring ideas to the community for discussion, allow you to increase user income in farming and staking, allow you to voice your opinion, etc.
With governance tokens, you become an important part of the community—someone who can influence decision making.
Governance tokens are a kind of cryptocurrency that gives you a certain amount of power. Holders of these coins have the right to vote on the future of a decentralized protocol—e.g., a DAO or DEX.
Sometimes, governance tokens give you the power to bring ideas to the community for discussion, allow you to increase user income in farming and staking, allow you to voice your opinion, etc.
With governance tokens, you become an important part of the community—someone who can influence decision making.