【Quick explainer】What can governance tokens actually be used for?
A proposal usually needs to meet the quorum to pass.
Governance tokens are not the same as dividend rights: many governance tokens do not directly entitle holders to a share of protocol revenue; it depends on the rules of each protocol.
$UNI is Uniswap's governance token. Holders can vote on protocol proposals. Currently 6.926.
Understanding the rules helps you make informed decisions, rather than trying to predict market movements.
A proposal usually needs to meet the quorum to pass.
Governance tokens are not the same as dividend rights: many governance tokens do not directly entitle holders to a share of protocol revenue; it depends on the rules of each protocol.
$UNI is Uniswap's governance token. Holders can vote on protocol proposals. Currently 6.926.
Understanding the rules helps you make informed decisions, rather than trying to predict market movements.