> define governance
Governance
The process by which a protocol's rules and treasury are changed, often through token-weighted votes on proposals. Governance rights are the weakest form of value capture, and voting power can be concentrated or even bought.
Related terms
Where this comes up in our coverage
→ Videos that cover it
all videos →
→ Keep going
full glossary →Test it: the Crypto IQ quiz. Educational only, not financial advice.
Raise your Crypto IQ, one stream at a time.
New breakdowns and live Token Autopsy streams on YouTube. Free, unlike most lessons in crypto.