Questions tagged [is comp a governance token?]

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Martina Martina Wed Jun 12 2024 | 7 answers 1910

Is comp a governance token?

Could you please clarify for me whether Comp is indeed a governance token? I'm curious to know what functions and characteristics define a governance token, and if Comp fits that description. Does Comp empower its holders with decision-making powers or voting rights within a blockchain ecosystem? Additionally, how does Comp's governance mechanism work, and what are the implications of holding this token for investors and the wider community? Your insights would be greatly appreciated.

Is comp a governance token?

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