Governance tokens are tokens developed to create and allow token holders to help shape the future of a protocol. This token allows its holders to vote on decisions pertaining to the decentralized finance (DeFi) protocol that the decentralized stable coin DAI runs on.
The cFantasy Token serves as a governance token enabling its users to vote on various features regarding platform usability and parameters such as game duration, interest rates, and more within the multi-chain NFT based decentralized fantasy gaming platform. As they continue to expand their footprint and gain traction, the company’s long-term plans include tackling various problems within the current fantasy solutions by adopting a range of features such as instant settlements, decentralized gaming, smart credit systems, and more.
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