Governance Token

Decentralized exchange dYdX’s native token DYDX (CRYPTO: DYDX) is rallying over 30% in the last 24 hours, surpassing Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) gains. What Happened: At the time of writing, DYDX was trading at $3.174. Apex crypto above $23,000, up 1.2% and ETH at $1,584 up...

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin has slammed the concept of governance tokens, stating that such tokens should not be considered as “valuable”. What Happened: According to Buterin, the idea that a token should be valuable because it conveys governance rights is “...