1H
-0.79%$0.0004
24H
-14.6%$0.0078
7D
-78.0%$0.1622
30D
-44.2%$0.0362
Governance tokens are a new type of blockchain element quickly gaining popularity. These tokens allow for a more democratic approach to governance on blockchain networks, and they have the potential to revolutionize how these networks operate. In this guide, we will discuss what governance tokens are and how they work.
The Ethereum Pectra Upgrade marks a major evolution for the network, combining proposals like EIP-7251 and EIP-7702 to streamline staking, unlock smart account functionality, and enhance client coordination.