I'm pretty new to crypto, but one thing I often hear about is the utility of "governance" tokens. Does anyone have any examples of the governance system being clearly successful/negative for a project?
Any more personal stories of votes going against you, and it mattering?
Do you know CHSB? this project was using the governance tokens to give the voting rights to the its token holders. that means if the holders will be determining where the project will be going one. The same thing is also happening with the uniswap service too as people who are still holding the uniswap coin will able to participate in the voting right but this doesn't give a lot of impact to the price. It can bring the usability for the governance tokens.