Explained Token Unlocks And The Way Do They Affect Prices Of Cryptocurrencies
Successful migrations include Binance Coin (BNB), Zilliqa (ZIL), and Tron (TRX), which beforehand existed as tokens on the Ethereum blockchain. Governance tokens present the holders voting power in a blockchain project like DeFi protocols or DAOs. With the help of governance tokens, group members can immediately influence the project’s direction.