XDAO for the fam:
GOVERNANCE TOKENS ��
Governance tokens give you voting power in a DAO. The more tokens you hold — the more influence you have. They’re a tool of control: proposals, protocol updates, and fund allocations all go through them
How it works:
— Tokens are distributed among DAO members (based on contributions, purchases, or reputation)
— Each token = 1 vote on decisions
— Important: In XDAO, governance tokens can’t be transferred or sold without a vote — meaning power in the DAO can’t simply be bought
Governance tokens:
—
Let you vote, delegate, and submit proposals
— ♻️ Can be used alongside LP tokens — one gives power, the other tracks ownership
—
May be traded on the market — if the DAO is public and open
If share tokens = “what you own”
Then governance tokens = “what you can influence”
This is what decentralization is really about — where rules are made not by admins, but by the community itself
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