What Are Governance Tokens – Crypto Whiteboard 101

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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.

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