@evangeline5a
What are governance tokens, and how do they work?
Governance tokens give holders voting power in crypto projects.
How They Work:
Used to propose and vote on protocol changes.
Influence fee structures, token supply, and upgrades.
Examples:
UNI (Uniswap).
AAVE (Aave).
Governance tokens empower users but can lead to centralization if whales dominate voting.
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