A question: What can governance tokens actually be used for?
Delegating voting power transfers only the right to vote, not ownership of the tokens. You can change your delegate at any time.
In the 2022 Beanstalk attack, the attacker used a flash loan to temporarily gain majority voting power and pass a malicious proposal that siphoned off protocol funds.
Before delegating your voting power to a representative, review their past voting record and published views.
$UNI is Uniswap’s governance token. Holders can vote on protocol proposals.
#UNI
It’s your money—think carefully before you act.
Delegating voting power transfers only the right to vote, not ownership of the tokens. You can change your delegate at any time.
In the 2022 Beanstalk attack, the attacker used a flash loan to temporarily gain majority voting power and pass a malicious proposal that siphoned off protocol funds.
Before delegating your voting power to a representative, review their past voting record and published views.
$UNI is Uniswap’s governance token. Holders can vote on protocol proposals.
#UNI
It’s your money—think carefully before you act.
