defi
Governance Token
A cryptocurrency that grants holders voting rights over a protocol's development decisions, such as fee changes, treasury spending, or new feature proposals. Examples include UNI (Uniswap), AAVE, and MKR (MakerDAO). Governance tokens aim to decentralize protocol control.
Related terms
Every glossary term is educational only. Nothing on this page constitutes financial, investment, tax, or legal advice. Browse all 356 terms →
Spotted an error? Report it on GitHub — our correction policy