A token that gives holders voting rights in a protocol's decision-making.
A token that gives holders voting rights in a protocol's decision-making. UNI, AAVE, and MKR are governance tokens. Some also share protocol revenue with holders, blurring the line between governance and equity.
An organization run by code and governed by token holders instead of a traditional management structure.
The process of making decisions about a protocol's development and direction.
A digital asset created on an existing blockchain rather than its own chain.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
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