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Governance Token

1 min readGlossary

A governance token gives holders voting power in a DAO-decisions about protocol upgrades, parameters, and treasury spending. Many of the most famous airdrops distribute governance tokens to decentralize control and invite the community into stewardship.

Examples include ENS (2021, Ethereum L1) and Arbitrum ARB (2023, Ethereum L2). Governance tokens can be delegated, staked for voting power, or used to signal preferences. But governance also requires education; otherwise voting becomes noise.

In Coins Farm terms, governance tokens are the “council votes” of a kingdom economy. CoinsFarm.com™ can translate governance into understandable gameplay: simple proposals, clear impacts, and rewards for constructive participation-without turning governance into pay-to-win politics. The goal is shared ownership and long-term alignment, not short-term speculation. Keep it legit: avoid automation, account selling, and gray-market trading that can lead to scams or bans. A practical Coins Farmer habit is to bookmark official domains and ignore DMs with “urgent” claim links. In a great Coins Farm economy, rewards feel earned through play, not forced purchases or hidden tricks. A practical Coins Farmer habit is to bookmark official domains and ignore DMs with “urgent” claim links. Built for safe learning and fun on CoinsFarm.com™. #CoinsFarm #Coins


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