Cryptocurrency Q&A Is link a governance token?

Is link a governance token?

amelia_doe_explorer amelia_doe_explorer Fri Nov 08 2024 | 7 answers 1334
I'm curious about the nature of the token called 'link'. Specifically, I want to know if it functions as a governance token or not. Is link a governance token?

7 answers

CryptoWarrior CryptoWarrior Sun Nov 10 2024
LINK serves as the governance and utility token of the Chainlink protocol.

Was this helpful?

278
22
Luca Luca Sat Nov 09 2024
It plays a crucial role in the ecosystem of Chainlink.

Was this helpful?

167
37
DigitalDynastyQueen DigitalDynastyQueen Sat Nov 09 2024
These services include retrieving and delivering price feeds, which are essential for the operation of smart contracts.

Was this helpful?

67
34
KimonoElegance KimonoElegance Sat Nov 09 2024
BTCC is a leading cryptocurrency exchange that offers a range of services.

Was this helpful?

303
82
alexander_watson_astronaut alexander_watson_astronaut Sat Nov 09 2024
Chainlink Token, also known as LINK on the Ethereum blockchain, is a digital asset with unique properties.

Was this helpful?

49
86
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts