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Glossary · G
Governance Token
A token that grants holders the right to participate in protocol governance — voting on proposals, delegating voting power, and shaping the protocol's future. Major governance tokens include UNI (Uniswap), AAVE (Aave), MKR (MakerDAO), COMP (Compound), and CRV (Curve). Governance tokens may also have fee-sharing rights, staking rewards, or buyback mechanisms depending on the protocol's governance design.
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