Governance
Governance tokens empower holders with a say in the future of decentralized projects.
Top gainers this week
Top losers this week
Down 312 places this week, $GREEN is losing steam
$VELO climbed 217 places this week
$DORA fell 207 places this week
$ZRO · 81 gem score this week
$AGT slipped from the category leaders this week
298 tokens rose and 174 fell this week
$ORI -299 places this month
@andrewsaul.solGovernance+1•34$ORCA we need some more features on your launchpad Wavebreak
- let the token creator post updates on the token page- let the token creator set up LP farm rewards from the token page and let people search for farm rewards on the token search page
Also: Can you please bring back the vanilla token creator? Being able to just create a token by itself (i.e., not forced into a LP on creation) gave us a lot of flexiblity to pick interesting LP pairs (like ORCA or xORCA..) and run rewards programs (LP farms, bounties etc...).
@sociallyartfulGovernance+1•32$ORCA we would love to see these updates for Wavebreak (your token lauchpad)
- Let us pair tokens with xORCA. It's a yield bearing token so the LP would have underlying yield.
- holding different levels xORCA should unlock extra features
- When we create a token, give us the option to create an LP farm and allocate part of the token mint to farm rewards.
@EnaGovernance+2•18Looks like $MGC is going to be a long term hold
- @EnaGovernance+2•18
$ARK loading… 🚀
When conviction meets innovation, narratives get strong.
If the vision is clear and the community’s locked in, $ARK could sail through volatility.
Build. Hold. Believe. 🌊
@radkoGovernance+3•18Can't wait for $BUIDL to actively trade on Uniswap $UNI
Frequently asked questions
How has Governance performed recently?
The Governance category saw more tokens rise than fall over both the 7-day and 30-day periods. In the last 7 days, Velodrome (VELO) was a top climber with a 92.4% score increase, while Yam Finance (YAM) saw a significant 126.6% score increase. LayerZero (ZRO) entered the top K and registered the maximum score. Conversely, Green (GREEN) and Sphere Finance (SPHERE) experienced substantial declines, with Green falling by 54.7% and Sphere Finance by 54.7%. Looking at the 30-day window, UNION github.com/unionlabs/UNION climbed with a 75.5% score increase, and Hegic (HEGIC) jumped by 122.1%. Wormhole Token (W) achieved the maximum score. Orizon (ORI) and Green (GREEN) were among the biggest fallers, both with score decreases exceeding 50%.
What are governance tokens?
Governance tokens are a type of cryptocurrency that grant holders voting rights on decisions related to the protocol or project they represent. These decisions can include changes to the project's features, fee structures, or treasury allocation.
How do governance tokens work?
Holders of governance tokens can propose and vote on various proposals. The weight of each vote is typically proportional to the amount of tokens held. These voting mechanisms are often implemented through on-chain decentralized autonomous organizations (DAOs).
What is the purpose of governance tokens?
The primary purpose of governance tokens is to decentralize control and decision-making within a project. They allow the community to collectively guide the development and future direction of the protocol, rather than relying on a centralized entity.
Where can I find governance tokens?
Many decentralized finance (DeFi) protocols, Web3 projects, and DAOs issue governance tokens. You can typically find them listed on cryptocurrency exchanges or directly through the project's official website and associated decentralized exchanges.
What are the risks associated with governance tokens?
Risks include potential for whale manipulation (where large holders could disproportionately influence votes), lack of participation from token holders leading to centralized decision-making by a few, and the inherent volatility and security risks associated with all cryptocurrencies.