How does the price volatility of XVS affect its governance functions?

How does the price volatility of XVS affect its governance functions?

Blog Article

The price volatility of XVS can impact governance in several ways. When the price rises, users with more XVS tokens have greater voting power, which may influence the direction of governance decisions. Conversely, if the price drops significantly, governance participation could be affected if token holders become less engaged or lose confidence in the protocol. To stay informed, regularly monitoring the price of XVS can help token holders gauge their voting influence and the overall health of the governance system.