@iron80phoenix
Governance tokens like UNI (Uniswap) and AAVE (Aave) drive decentralized protocol decision-making while capturing value through distinct mechanisms. UNI holders govern Uniswap, a leading DEX with over $784 million in 2024 fees, but lack direct fee accrual—value lies in staking potential via Unichain’s Layer 2 shift. AAVE, with a $2.9 billion market cap, captures value via staking rewards and a proposed buyback program, redistributing protocol revenue (over $100 million cash reserves). Both face volatility risks but show growth—Aave up 4% weekly, UNI stable. Invest diversely in both, favoring AAVE for revenue ties, and track adoption metrics.