Governance
Governance tokens empower holders with a say in the future of decentralized projects.
Top gainers this week
Top losers this week
@EnaGovernance+2โข18Looks like $MGC is going to be a long term hold
- @EnaGovernance+2โข18
$ARK loadingโฆ ๐
When conviction meets innovation, narratives get strong.
If the vision is clear and the communityโs locked in, $ARK could sail through volatility.
Build. Hold. Believe. ๐
- @EnaGovernance+1โข17
$AVNT looks like a long term play
- @EnaGovernance+2โข16
$RAY token's narrative centers on an ordinary guy named Ray who just wanted a peaceful retirement but got featured on BBC and now eyeing Oscars.
@radkoGovernance+3โข16Can't wait for $BUIDL to actively trade on Uniswap $UNI
Token | Price | 1d % โฒโผ | 1w % โฒโผ | 1m % โฒโผ | Market Cap โฒโผ | Volume 24h โฒโผ | Score โฒโผ | Category | Holders โฒโผ | Entropy โฒโผ | Mc/Rev โฒโผ |
|---|---|---|---|---|---|---|---|---|---|---|---|
UNION github.com/unionlabs/UNIONUNION | $0.03263 | 17.4% | โ | โ | $32.63M | $1,592 | 37.46 | 2,407 | 0.7805 | โ | |
Aave TokenAAVE | $0.04608 | 0.5% | โ | โ | $737,255 | $212.49 | 36.85 | 3,096 | 0.8283 | โ | |
CARDANOADA | $0.0000696 | 0.1% | โ | โ | $69,786 | $133.63 | 34.13 | 1,810 | 0.7225 | โ | |
OMEGA DAO ๐OMEGA | $0.0001164 | -10.6% | โ | โ | $113,795 | $1,366 | 31.83 | 2,448 | 0.396 | โ | |
Rocket PoolRPL | $1.83 | 0.0% | โ | โ | $32.72M | $191.97 | 31.16 | 7,911 | 0.2803 | โ | |
Curve DAO TokenCRV | $0.0002391 | -1.3% | โ | โ | $556,233 | $61.92 | 30.68 | 635 | 0.6958 | โ | |
YSDAOYSDAO | $0.01222 | 2.9% | โ | โ | $16,957 | $1.496 | 30.43 | 8,479 | 0.4244 | โ | |
AsterDAOAsterDAO | $0.001132 | 0.6% | โ | โ | $237,766 | $1,959 | 30.12 | 1,057 | 0.3977 | โ | |
Basis MarketsBASIS | $0.00005351 | 0.0% | โ | โ | $0 | $0 | 29.15 | 1,274 | 0.6935 | 0 | |
Arbswap TokenARBS | $0.00001056 | 0.0% | โ | โ | $4,377 | $0.07524 | 28.6 | 11,775 | 0.3093 | โ | |
DAO OFF FT TokenFT | $0.00003263 | 2.5% | โ | โ | $510,353 | $463.25 | 28.51 | 701 | 0.4268 | โ | |
GooseFX V2GOFX | $0.00003643 | 0.6% | โ | โ | โ | $0.08387 | 27.3 | 1,972 | 0.4879 | โ | |
Ratio FinanceRATIO | $0.00004619 | 0.0% | โ | โ | $0 | $0 | 26.63 | 795 | 0.5933 | 0 | |
Life DAOLF | $6.349 | -0.8% | โ | โ | $5.45M | $1.809 | 26 | DeFi+1 | 3,499 | 0.2822 | โ |
Wrapped Matrix DAOWMAI | $8.157 | -1.8% | โ | โ | $10.78M | $0.1876 | 25.8 | Wrapped+1 | 3,125 | 0.3236 | โ |
Interport TokenITP | $0.013175 | 0.0% | โ | โ | $0 | $0 | 25.56 | Bridge+1 | 2,353 | 0.3569 | 0 |
ComponentCMP | โ | 0.0% | โ | โ | $0 | $0 | 25.26 | 509 | 0.5722 | 0 |
Frequently asked questions
How has Governance performed recently?
The Governance token category has been quiet over both the 7-day and 30-day windows, with no significant movement observed in breadth, climbers, fallers, or top K entrants/exits.
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.