Governance Tokens

As decentralized protocols continue to proliferate and evolve, the need to refine the decision-making processes around them is critical. On-chain governance allows all stakeholders to collaborate, debate, and vote on how to manage a system. Governance tokens fuel blockchain-based voting systems, as they are often used to signal support for proposed changes and to vote on new proposals. In the Maker Protocol, the governance token is MKR.

Scroll to top