{"id":567,"count":80,"description":"Governance cryptocurrencies are digital assets that incorporate governance mechanisms to allow token holders to participate in decision-making processes regarding the project or platform they are associated with. These mechanisms typically involve voting on proposals, protocol upgrades, or allocation of funds. One example is Maker (MKR), which is used to govern the decentralized stablecoin Dai and allows MKR holders to vote on system parameters and risk management. Another example is Decred (DCR), where DCR holders can vote on proposals for network upgrades and funding allocations through a hybrid proof-of-work\/proof-of-stake consensus mechanism.","link":"https:\/\/coinclarity.com\/coin-category\/governance\/","name":"Governance","slug":"governance","taxonomy":"coin-category","parent":0,"meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/coin-category\/567"}],"collection":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/coin-category"}],"about":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/taxonomies\/coin-category"}],"wp:post_type":[{"href":"https:\/\/coinclarity.com\/wp-json\/wp\/v2\/coin?coin-category=567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}