Governance Token
A cryptocurrency that grants holders voting rights in a decentralized protocol's decision-making processes.
MKVLI is both a store of value and a governance token. Holders can vote on parameter changes, initiative funding, and even emergency protocol upgrades. Voting power is earned through contribution (staking, DIO purchases) not just capital—aligning incentives with long-term ecosystem health.
Related Initiatives
Related Concepts
See also:
Liquid Democracy
A hybrid voting system where individuals can vote directly or delegate their vote to a trusted representative—and revoke that delegation at any time.
See also:
Quadratic Voting
A voting mechanism where voters can express the intensity of their preferences by spending "voice credits" quadratically (e.g., 1 vote = 1 credit, 2 votes = 4 credits).
See also:
DAO (Decentralized Autonomous Organization)
An organization represented by rules encoded as a smart contract that is transparent, controlled by organization members, and not influenced by a central government.