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Questions tagged [function.]

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Elena Elena Wed Jul 31 2024 | 7 answers 1464

What is the purpose of the governance token?

Can you please explain the purpose of the governance token in a simple yet comprehensive manner? How does it contribute to the overall functioning and decision-making process within a blockchain network or decentralized platform? I'm particularly interested in understanding its role in facilitating community participation and ensuring a balanced distribution of power and responsibilities.

What is the purpose of the governance token?

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