Why does Governance Token Matter?

in cryptocurrency •  3 years ago 

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🪙 Governance tokens are cryptocurrencies to represent voting on a blockchain by distributing the power of making major platform decisions from a centralized structure of an entire community. This is because token holders are not only users but also owners of the protocol.

🗳 Governance tokens are essential components in adopting decentralized networks. It will provide an opportunity for members or owners to collectively decide how to manage new crypto networks.

☝️ Governance tokens are helping DeFi projects reach their full potential by becoming truly decentralized. They are key ingredients in protecting the community and investor interest in the system, through decentralizing and Web3 protocols, platforms, and dapps.

🚀 Coinswap Space is both a utility and a governance token, so if you own a $CSS token, you already have the power of making major platform decisions on Coinswap Space thru our ON-Chain voting feature, if you don't have one yet, go to our DApp now and get your own $CSS tokens.

🌐 See our DApp: https://bit.ly/39Wa2jm

#CoinswapSpace #Cryptocurrency #GovernanceToken #DApp #Blockchain #DEX #Investment #Decentralized #DeFi #Utility #Coin #FinancialFreedom #AMM

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