What are Governance Tokens and how do i use them?

Governance tokens are cryptocurrencies that represent voting power on a blockchain project. They represent the main utility token of DeFi protocols since they distribute powers and rights to users via tokens.

With these tokens, one can create and vote on governance proposals. Community members can use tokens to directly influence the direction and characteristics of a protocol.

Holders of governance tokens can also stake, and much more! Nevertheless, their sole and primary purpose is power distribution.