@The.Part.Time.Economist
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What Are Governance Tokens - Crypto Whiteboard 101
https://open.lbry.com/@ThePartTimeEconomist:6/governance-token:6?r=ZXm1XjaiyrER3aYoGiZsAVsyssYCuR3F The recent airdrop of the UNI token shows the growing popularity of DeFi governance tokens. In the past, it seemed like DeFi was an "advanced" level crypto topic, but the sudden expansion of DeFi protocols and governance tokens means that even novice crypto users may interact with DeFi, so its important to know the basics of how DeFi governance tokens work. In this video, I'd like to describe the dual nature of governance tokens as both an investment/asset and an actual voting/governance mechanism.
1 comment
Governance is interesting part of the blockchain. That the community can vote and define rules. Maybe some population opinion can be gathered by this way in future.