《治理令牌的最終指南：4個要考慮的頂級項目》

這些代幣不僅僅是賺錢的一種方式。他們給持有者關於項目的運作方式發言權。

Decentralized finance (DeFi) is revolutionizing the way we interact with money, offering innovative approaches to lending, borrowing, trading, and even creating digital currency. At the heart of this revolution are "governance tokens," which go beyond being a mere investment vehicle. These tokens empower holders to have a direct say in how a project functions, similar to having "shares" in a traditional company, but within a blockchain-based system.

分散的金融（DEFI）正在徹底改變我們與貨幣互動的方式，為貸款，借貸，交易甚至創造數字貨幣提供創新的方法。這場革命的核心是“治理令牌”，它不僅僅是僅僅是投資工具。這些代幣使持有人能夠直接發言項目的運作方式，類似於在傳統公司中擁有“股票”，但在基於區塊鏈的系統中。

For DeFi enthusiasts, governance tokens present an interesting proposition—the chance to participate in projects that are fundamentally changing the financial landscape. They offer two main things:

對於Defi愛好者來說，治理令牌提出了一個有趣的主張，這是參與從根本上改變金融格局的項目的機會。他們提供兩件事：

* Profit Potential: As the project grows and expands, so too can the value of the governance tokens increase.

*利潤潛力：隨著項目的增長和擴展，治理令牌的價值也會增加。

* Role in System Stability: These tokens are crucial for keeping the DeFi projects running smoothly and preventing any catastrophic risks.

*在系統穩定性中的作用：這些令牌對於保持Defi項目的運行平穩並防止任何災難性風險至關重要。

With so many DeFi projects vying for attention, choosing which governance tokens to look at can be overwhelming. Here, we've handpicked four top tokens that offer a good mix of profit potential and an impactful role in their respective systems.

隨著如此眾多的Defi項目爭奪關注，選擇要查看哪些治理令牌可能是壓倒性的。在這裡，我們已經精心挑選了四個頂級代幣，它們在各自系統中提供了很好的利潤潛力和有影響力的作用。

1. Frankencoin (FPS): The Oracle-Free Stablecoin Innovator

1。 Frankencoin（FPS）：無甲骨文的Stablecoin創新者

What it Is: Frankencoin (ZCHF) is a novel decentralized stablecoin that aims to solve some of the big problems that current stablecoins face. Many stablecoins rely on central companies or outside "oracles" for price information, but Frankencoin is different. It's an Ethereum-based stablecoin designed to track the value of the Swiss Franc and works completely without external oracles.

是：Frankencoin（ZCHF）是一種新穎的分散型穩定，旨在解決當前Stablecoins面臨的一些大問題。許多Stablecoins依靠中央公司或外部“ Oracles”以獲取價格信息，但是Frankencoin卻不同。這是一個基於以太坊的穩定穩定性，旨在跟踪瑞士法郎的價值，並且完全沒有外部甲殼。

Why it's Unique: Instead of relying on outside price feeds, Frankencoin uses a special auction system to determine the value of collateral and handles liquidations (when a loan needs to be closed out). This makes Frankencoin very flexible—it can use many different types of collateral, as long as there's enough of it available in the market.

為什麼它是獨一無二的：不用依靠外部價格提要，而是使用特殊的拍賣系統來確定抵押品的價值並處理清算的價值（當需要收取貸款時）。這使得Frankencoin非常靈活 - 只要市場上有足夠的價格，它就可以使用許多不同類型的抵押品。

How FPS Works:Frankencoin Pool Shares (FPS) are the governance token for the Frankencoin system. Essentially, owning FPS is like owning shares in a bank. FPS holders provide capital to the system's "reserve pool," which acts as a buffer to absorb risks, similar to a bank's equity. This capital is used to mint new Frankencoins and fund the system's operations.

FPS的工作方式：Frankencoin Pool股票（FPS）是Frankencoin系統的治理令牌。本質上，擁有FPS就像擁有銀行中的股份一樣。 FPS持有人為該系統的“儲備池”提供資金，該資金是吸收風險的緩衝，類似於銀行的權益。這項資本用於薄荷新的弗蘭克科因，並為系統的運營提供資金。

Profit Potential: As an FPS holder, you benefit from the system's growth. The reserve pool collects fees from new Frankencoins being minted and also gains from liquidation profits. If the system expands and is used more, the value of the reserve pool—and your FPS—can grow. You can also mint new FPS by adding capital to the pool. After 90 days, you can redeem your FPS for funds from the pool. The amount you get back depends on how the pool's value changed.

利潤潛力：作為FPS持有人，您將從系統的增長中受益。儲備池從新的Frankencoins中收取費用，並從清算利潤中獲取。如果系統擴展並更多地使用，則儲備池的價值以及您的FPS的價值可以增長。您也可以通過在池中添加資本來造成新的FPS。 90天后，您可以從游泳池兌換FPS供資金。您獲得的數量取決於池的價值的變化。

Role in System Stability: FPS holders are crucial for maintaining Frankencoin's stability. They carry the "residual risk" of liquidations, giving them a strong incentive to keep the system healthy. Frankencoin uses a unique "veto-based" governance system—anyone with at least 2% of the total votes can veto proposals. This low barrier means even small holders can team up to stop bad ideas, making the structure very decentralized and also helping to keep Frankencoin pegged to the Swiss franc, especially during market ups and downs. FPS holders can influence the system's interest rate policy, which affects how expensive it is to mint new Frankencoins, further aiding in maintaining the peg.

在系統穩定性中的作用：FPS持有人對於維持​​Frankencoin的穩定性至關重要。他們承擔著清算的“剩餘風險”，從而有很大的動力使系統保持健康。弗蘭克科（Frankencoin）使用獨特的“基於否決權”的治理系統 - 至少有2％的總投票的人都可以否決提議。這種低障礙意味著即使是小持有人也可以合作停止壞主意，使該結構變得非常分散，並有助於使弗蘭克科因與瑞士法郎保持聯繫，尤其是在市場起伏。 FPS持有人可以影響系統的利率政策，這會影響薄荷新的Frankencoins的昂貴，進一步幫助維護PEG。

How to get FPS:

如何獲得FPS：

Frankencoin's unique oracle-free design and veto-based governance make it a fascinating choice for DeFi enthusiasts seeking a fresh approach to stablecoins.

Frankencoin獨特的無甲骨文設計和基於否決權的治理使其成為尋求新方法穩定方法的自由運動愛好者的迷人選擇。

2. Uniswap (UNI): The Decentralized Exchange Powerhouse

2。 UNISWAP（UNI）：分散的交換強國

What it Is: Uniswap is the biggest decentralized exchange (DEX) built on Ethereum. It enables people to swap one crypto token for another without needing a central company. It uses something called Automated Market Makers (AMMs) to make trading happen smoothly. Since it launched in 2018, Uniswap has become a cornerstone of the DeFi world.

它是：Uniswap是建立在以太坊的最大分散交易所（DEX）。它使人們能夠將一個加密代幣交換為另一個代幣而無需中央公司。它使用所謂的自動做市商（AMM）來使交易順利進行。自2018年推出以來，Uniswap已成為Defi World的基石。

How UNI Works: UNI is Uniswap's governance token, which was launched in 2020 to return control of the protocol to its community. UNI holders can vote on important decisions, such as how trading fees are structured, what new features are added, and how the entire system is upgraded.

UNI的工作方式：Uni是Uniswap的治理令牌，該令牌於2020年啟動，以將對協議的控制權返回其社區。 UNI持有人可以對重要決策進行投票，例如如何結構交易費用，添加了哪些新功能以及如何升級整個系統。

Profit Potential: As a UNI holder, you can benefit from Uniswap's continued success. While trading fees currently go to liquidity providers, UNI holders can vote on proposals that might change this in the future, potentially directing some of the collected fees to token holders. As Uniswap keeps facilitating massive trading volumes with its role in DeFi, the value of the UNI token can appreciate.

利潤潛力：作為一個Uni持有人，您可以從Uniswap的持續成功中受益。儘管交易費用目前是流動性提供商，但Uni持有人可以對可能在將來改變此事的提案進行投票，並有可能將一些收集的費用指向令牌持有人。隨著UNISWAP在DEFI中的作用不斷促進大規模交易量，Uni代幣的價值可以欣賞。

Role in System Stability: UNI holders play a key role in keeping Uniswap running smoothly and securely. Their votes decide critical operational aspects, such as making sure the platform can handle large batches of trades without issues and that any new features are coded safely.

在系統穩定性中的作用：Uni持有人在保持單項量級運行平穩運行方面發揮了關鍵作用。他們的投票決定了關鍵的運營方面，例如確保平台可以無問題處理大量交易，並且任何新功能都可以安全地編碼。