Explore Governance

15 Governance tokens listed on Mango

Logo

Jupiter (JUP)

$0.775

24h Change

3.81%

24h Volume

$15.23M

FDV

$7.74B

Stats and info
Logo

Wormhole (W)

$0.36

24h Change

14.43%

24h Volume

$2.09M

FDV

$3.56B

Stats and info
Logo

Kamino (KMNO)

$0.0856

24h Change

13.73%

24h Volume

$2.01M

FDV

$856.84M

Stats and info
Logo

Pyth Network (PYTH)

$0.331

24h Change

6.75%

24h Volume

$967.74K

FDV

$3.31B

Stats and info
Logo

Jito (JTO)

$2.04

24h Change

1.95%

24h Volume

$751.87K

FDV

$2.03B

Stats and info
Logo

Zeus Network (ZEUS)

$0.258

24h Change

3.67%

24h Volume

$566.78K

FDV

$259.48M

Stats and info
Logo

Tensor (TNSR)

$0.352

24h Change

5.44%

24h Volume

$327.99K

FDV

$352.66M

Stats and info
Logo

Meta DAO (META)

$2,485

24h Change

7.85%

24h Volume

$222.62K

FDV

$51.91M

Stats and info
Logo

Neon (NEON)

$0.355

24h Change

7.77%

24h Volume

$42.56K

FDV

$355.54M

Stats and info
Logo

Marinade (MNDE)

$0.111

24h Change

4.49%

24h Volume

$36.28K

FDV

$111.24M

Stats and info
Logo

Blaze (BLZE)

$0.00039

24h Change

5.86%

24h Volume

$10.08K

FDV

$3.89M

Stats and info
Logo

Mango (MNGO)

$0.0163

24h Change

1.08%

24h Volume

$2.29K

FDV

$65.21M

Stats and info
Logo

AllDomains (ALL)

$0.0011

24h Change

5.42%

24h Volume

$312.1

FDV

$1.1M

Stats and info
Logo

Lido DAO (LDO)

$1.098

24h Change

24h Volume

$0.24

FDV

$478.74K

Stats and info
Logo

Dual Finance (DUAL)

$0.00339

24h Change

24h Volume

FDV

$3.4M

Stats and info

Governance tokens are a category of crypto asset that allows token holders to power the future of a protocol. They provide token holders with the ability to play an active role in determining the future trajectory of the ecosystem.

The principal feature of governance tokens is that they are used in voting mechanisms where the more tokens you have the more voting power you get. This gives holders the power to approve or deny changes, upgrades, and any decisions that have a direct impact on the protocol.

Their design is rooted in fostering key crypto principles such as decentralization, transparency, and community. Governance tokens empower the community, allowing it to collectively decide on the path forward, making them integral to the ethos of collaborative decision-making and decentralization.

Holders of governance tokens inherently possess a deeper commitment to the project's success (as their fortunes are intricately tied to the outcomes of governance decisions). Consequently, governance tokens are a strategic mechanism that aligns the interests of token holders with the enduring prosperity of the protocol. This alignment promotes a collaborative and mutually beneficial ecosystem, where the success of the project is interwoven with the active participation and collective wisdom of its token holders.

History

The inception of governance tokens dates back to 2016, notably marked by the launch of the Decentralized Autonomous Organization (DAO). This pioneering project represented a decentralized venture capital fund that gave token holders the power to cast votes on investment decisions. Unfortunately, the DAO suffered a fatal setback when it fell victim to a hack widely known as the DAO hack. Around $50m of Ethereum was lost and this ultimately led to the project's dissolution. It also resulted in the infamous hard fork of Ethereum.

Despite this imperfect start DAOs and governance tokens have experienced massive growth influenced by early stalwarts like MakerDAO (also on Ethereum). The rise of governance tokens can be attributed to how well they fit with the broader crypto ethos of decentralization and aligning incentives.

The data displayed on this page is provided for informational purposes only. It may be delayed and is not guaranteed to be accurate. It is not intended for trading or investment purposes. The platform does not assume any responsibility for the accuracy, completeness, or timeliness of the data, and shall not be liable for any errors, omissions, or any losses resulting from its use.

Do not invest unless you are prepared to lose all the money you invest. Crypto is a high-risk investment and you should not expect to be protected if something goes wrong.

MangoMango

Transparency and integrity are core values in our mission to create products that empower individual financial freedom.

© Mango DAO 2023. All rights reserved.