Key News of Governance Tokens - Yearn proposes to create anot | Token Daily

Key News of Governance Tokens

- Yearn proposes to create another 6,666 YFI (1 YFI ~ $ 31,000) to fund future protocol developments.
- Maker approves higher debt ceilings for ETH-A and WBTC-A.
- Aave suggests adding support for 1INCH control token.
- Index Coop votes to continue further research proposed by Pulse Inc. flexible leverage index (FLI).
- Curve discusses how to distribute the commission received from the asset exchange through Synthetix.

Governance tokens give their owners the right to influence decisions, protocol, product or roadmap of functions, as well as changes in governance parameters. ... Another common form of project management is token-based treasury management.