what is governance?

token holders voting on a project's decisions.

if insiders hold enough tokens to win every vote, the governance is decentralised only on paper.

related words

yield (APY) the return a token or protocol advertises, often shown as a yearly percentage (APY).
treasury the funds a project or foundation holds for future spending.
staking locking tokens to help run or secure a network, usually in return for rewards.

part of the topic whitepapers: free articles, more words and the guide.

checked 2026-10-20. education, not advice. found a mistake? see corrections.