Governance Tokens

Subtype

Definition: Tokens enabling participatory governance over green protocols or environmental treasuries.

Description

Governance tokens allow holders to vote on climate DAOs, impact strategies, or funding allocations.

Example

The upcoming ReFi Hub VIDA token functions as both a utility and governance token within the ReFi Hub ecosystem, which focuses on accelerating investments in the clean energy sector. VIDA holders actively participate in platform governance by voting on feature development, sustainability priorities, and funding allocations. Additionally, users can earn VIDA tokens by contributing valuable actions such as onboarding real-world businesses or enhancing platform functionality, with rewards proportional to their environmental impact.