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Governance Utility

Governance utility describes cryptoassets that confer the right to influence or decide on changes to the associated protocol (i.e. to modify the cryptoeconomic design, protocol features, app decisions, etc.)

Governance utility enables the bearing user to influence or decide on protocol decisions, strategy, design, or other changes.

Economic predecessors to governance utility include suffrage, equity (board votes), write-permissions, and product surveys.