Governance Token
German: Governance-Token
A token conferring voting weight over protocol parameters; it usually carries no legal claim on assets, cash flows or the issuing entity.
Why people look this up
Readers testing whether holding governance tokens gives them any enforceable right; usually not.
Auf Deutsch
Governance-Token — Ein Token, der Stimmgewicht über Protokollparameter vermittelt; er verkörpert in der Regel keinen Rechtsanspruch auf Vermögen, Zahlungsströme oder gegen einen Emittenten.
Related terms
Looking for how this maps to its traditional-finance counterpart rather than a standalone definition? See the Term Bridge, which also flags where the obvious analogy is wrong.