Governance Token vs Protocol Token
Quick comparison to help you distinguish these two crypto terms.
Governance Token
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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intermediate
fundamentals
A cryptocurrency token native to a specific blockchain protocol or decentralized application, often combining governance rights, utility functions, and value capture mechanisms tied directly to protocol success and usage.
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