Questions tagged [governance token]

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Lorenzo Lorenzo Thu Nov 07 2024 | 7 answers 1667

Is a governance token a utility token?

I'm trying to understand the difference between a governance token and a utility token. Specifically, I want to know if a governance token can also be considered as a utility token, or if they are completely separate categories.

Is a governance token a utility token?
Sara Sara Wed Nov 06 2024 | 7 answers 1620

What is governance token staking?

Governance token staking involves depositing cryptocurrency tokens into a smart contract to earn rewards or interest. These tokens are then utilized for various activities like governance, finance, or a combination of the two. Staking allows token holders to participate in the network's consensus mechanism, potentially influencing decision-making and earning staking rewards for their contribution.

What is governance token staking?
TaekwondoMaster TaekwondoMaster Wed Nov 06 2024 | 6 answers 861

What is the governance token used for?

I'm curious about the purpose of a governance token. I want to understand its function and how it's utilized within its respective system or platform.

What is the governance token used for?
KatanaSharpened KatanaSharpened Fri Nov 01 2024 | 0 answers 0

Is ADA a governance token?

I'm interested in understanding if ADA can be considered a governance token. I want to know if it holds any specific governance functions or if it's just a regular cryptocurrency.

Is ADA a governance token?
Daniele Daniele Wed Oct 30 2024 | 6 answers 1192

Can a governance token be sold?

I'm wondering if it's possible to sell a governance token. I'd like to know if there's a market for these tokens and if there are any restrictions or considerations I should be aware of before attempting to sell.

Can a governance token be sold?

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