Governance rights refer to the ability of token holders to participate in decision-making processes related to a blockchain network. These rights empower users to influence the development, functionality, and rules of the ecosystem.Typically, governance rights are granted through the ownership of governance tokens. Holders can propose changes, vote on upgrades, or decide on fund allocations, allowing for a more decentralized and community-driven approach to managing the network. Different projects have varying governance models. Some may operate with a direct voting system where each token equals one vote, while others might implement a weighted system based on the amount of tokens held. The concept emphasizes transparency and accountability, giving users a voice in the evolution of the project. Engaging in governance can lead to better alignment of interests between developers and the community, as decisions reflect the collective will of participants.