Governance tokens are primarily associated with decentralization in cryptocurrencies as these assign voting rights to the holders. MKR and UNI are two popular examples of governance tokens which allow holders to vote on changes in the network.
![Owen Verga](/blog/content/images/size/w150/2024/03/emjTSoe3.jpg)
Owen Verga
I write about Bitcoin and cryptos, the latest news on AI and tech, and follow the latest trends in online gambling, including provably fair games. Educator by profession, with a passion for writing.
The Binance Coin (BNB) is the native token for the Binance cryptocurrency exchange. BNB was initially launched as an ERC-20 token, and it's primarily used to pay for fees or get discounts on the Binance Exchange.
Generative AI is a top-trending topic in tech circles, with Apple as the latest company to join the bandwagon. It's a machine-learning model that generates new data rather than simply predicting a data set.
Decentralized Finance, or DeFi, is a set of financial services and transactions using the blockchain. DeFi works using a blockchain, smart contracts, and cryptos.
Tether remains the most important stablecoin, with a market cap of over $161 billion, and it's the third largest crypto. Four other stablecoins exceed $1 billion in market value.