EN
0 0 XP
CRYPTO GLOSSARY

Governance token

A token whose holders vote on changes to a service. These tokens are often concentrated among founders and early investors.

Governance token in more detail

Who votes? Holders of a governance token decide on changes. Those tokens are often concentrated among founders and early investors.

FROM LESSON 41 · 4 MIN READWhat is DeFi?DeFi means financial services run by smart contracts instead of companies. Learn what you can do with it, how it differs from a bank or exchange, and why "decentralised" needs checking.Read the lesson

All 128 terms · Checked against the lesson's sources on 10 October 2026.

BY EMAIL

The course by email

Five short emails to get you started, each built on one lesson. After that, one short email a month about what is new. No price tips and no hype.

Free. Unsubscribe any time. See our privacy notice.