How does DAO voting actually work?
First, the definition: delegation transfers only voting power, not ownership of tokens, and you can change your delegation to someone else at any time.
Why it works this way: governance tokens are not the same as rights to dividends. Many governance tokens do not directly share in protocol revenue; whether they do depends on the protocol’s own rules.
$UNI is Uniswap’s governance token. Holders can vote on proposals for the protocol.
Understanding the rules helps you make more informed decisions; it’s not a way to predict price movements.
#UNI
First, the definition: delegation transfers only voting power, not ownership of tokens, and you can change your delegation to someone else at any time.
Why it works this way: governance tokens are not the same as rights to dividends. Many governance tokens do not directly share in protocol revenue; whether they do depends on the protocol’s own rules.
$UNI is Uniswap’s governance token. Holders can vote on proposals for the protocol.
Understanding the rules helps you make more informed decisions; it’s not a way to predict price movements.
#UNI
