DeFi Protocol Token vs Governance Token
Quick comparison to help you distinguish these two crypto terms.
DeFi Protocol Token
intermediate
fundamentals
A DeFi protocol token is a cryptocurrency issued by a decentralized finance application that grants holders governance rights, fee revenue sharing, or other protocol-specific privileges.
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intermediate
fundamentals
A governance token is a cryptocurrency that grants holders voting rights over a decentralized protocol's decisions, enabling community-driven control without centralized management.
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