Governance yield refers to the rewards earned by participants who engage in the governance processes of a blockchain project. This typically involves holding governance tokens, which give holders the right to vote on important decisions such as protocol updates, funding allocations, or any changes in the project’s direction.Participants can earn governance yield through various mechanisms, including staking their tokens or participating in liquidity pools. In return for their involvement, they may receive additional tokens, fees generated from transactions, or even a share of the protocol’s revenue.The concept incentivizes users to take an active role in the decision-making process, aligning their interests with the growth and stability of the project. By earning rewards for participation, governance yield encourages a community-oriented approach, fostering a stronger ecosystem built on collaboration and shared goals. Ultimately, governance yield serves to create a more decentralized structure, allowing token holders to have a meaningful impact on the development and future of the project.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the