Explore Governance

15 Governance tokens listed on Mango

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Jupiter (JUP)

$1.152

24h Change

1.55%

24h Volume

$63.88M

FDV

$11.51B

Stats and info
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Wormhole (W)

$0.584

24h Change

4.21%

24h Volume

$17.87M

FDV

$5.86B

Stats and info
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Tensor (TNSR)

$1.137

24h Change

1.24%

24h Volume

$4.74M

FDV

$1.14B

Stats and info
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Pyth Network (PYTH)

$0.439

24h Change

1.56%

24h Volume

$4.2M

FDV

$4.39B

Stats and info
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Jito (JTO)

$3.764

24h Change

4.07%

24h Volume

$3.75M

FDV

$3.75B

Stats and info
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Zeus Network (ZEUS)

$0.49

24h Change

0.27%

24h Volume

$2.71M

FDV

$490.48M

Stats and info
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Kamino (KMNO)

$0.058

24h Change

1.88%

24h Volume

$1.35M

FDV

$580.25M

Stats and info
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Marinade (MNDE)

$0.136

24h Change

1.49%

24h Volume

$318.29K

FDV

$136.8M

Stats and info
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Neon (NEON)

$0.78

24h Change

1.72%

24h Volume

$291.03K

FDV

$781.67M

Stats and info
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Blaze (BLZE)

$0.00102

24h Change

3.47%

24h Volume

$33.04K

FDV

$10.23M

Stats and info
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Meta DAO (META)

$519.365

24h Change

0.05%

24h Volume

$16.01K

FDV

$10.85M

Stats and info
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AllDomains (ALL)

$0.00286

24h Change

9.30%

24h Volume

$7.94K

FDV

$2.89M

Stats and info
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Mango (MNGO)

$0.0286

24h Change

4.42%

24h Volume

$6.53K

FDV

$114.54M

Stats and info
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Lido DAO (LDO)

$2.361

24h Change

4.58%

24h Volume

$2.59K

FDV

$2.36B

Stats and info
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Dual Finance (DUAL)

$0.014

24h Change

24h Volume

$-0

FDV

$14.06M

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.

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