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Takeaways from RocketPool’s Token Dynamics

YK
April 11
Background

A Soulbound Token (SBT) based Decentralized Governance

YK
February 26
Governance tokens are an exciting innovation for the open source community. In the past, open source projects relied solely on self-funding, donations, or corporate sponsorships. But with governance tokens, communities can give economic and governance rights to users and contributors in the form of tokens, turning them into direct stakeholders of the network. This not only defends against identical forks but also provides sustainable economics to maintain and expand the project.