Users can vote on plans and decisions directing the project’s progress and community participation through using governance tokens. Token Holders are rewarded in this way. Governance Tokens have a growing total market capitalization of $14,902,775,170 and a total trading volume of $1,035,221,885.
The tokens are ordered by their price unit from lowest to highest
Fringe Finance (FRIN)
- Unit Price: $0.003683
- Market Cap: $2.57M
- Distinct Features: Fringe aspires to release the dormant capital from traditional financial markets and all-tier cryptocurrencies via a next-generation DeFi loan & borrowing ecosystem.
Unlocking the capital distributed in crypto assets, regardless of their capitalization and supported network with Fringe Finance, a decentralized money market.
By offering loans secured by speculative crypto assets, Fringe Finance is committed to releasing the cash locked up in these assets. Instead of passively waiting for their price to increase, token holders who believe in the upside price opportunity of their tokens can now use them.
Due to the absence of widespread support by DeFi platforms, the capital trapped in these smaller cryptocurrency assets is frequently challenging to deploy into the DeFi ecosystem. This issue is resolved by Fringe Finance, which accepts a wide range of smaller altcoin assets as collateral for stablecoin loans.
Exchange: FRIN is currently trading live on Gate.io, HitBTC, and AscendEX (BitMax) with a 24-hour trading volume of $176,387.
Pillar (PLR)
- Unit Price: $0.004617
- Market Cap: $1,199,129
- Distinct Features: The project’s goal is to enable everyone to participate in the emerging digital economy by facilitating access to the money, markets, and services of the future.
As an entry point to DeFi & NFTs, Pillar describes itself as a non-custodial, open-source, and community-run wallet.
Pillars boasts itself as a user-owned and community-run cryptocurrency wallet. By voting on development, marketing, and business activities, Governors’ DAO participants, who oversee the DAO treasury, can influence the project’s destiny and the items it produces.
Pillar is designed to be a user-friendly platform for managing cryptocurrencies. With a built-in DEX aggregator, fiat on-ramps, and WalletConnect to sign with Pillar to all dapps, it seeks to be “the only wallet users need.”
Exchange: PLR is currently trading live on HitBTC and Bancor Network with a 24-hour trading volume of $495.26.
Gather (GTH)
- Unit Price: $0.005765
- Market Cap: $1,151,635
- Distinct Features: Developers, companies, and cryptocurrency networks can use the consulting and tooling services offered by Gather Enterprise.
Gather is marketed as a platform that gives businesses and developers access to affordable and dependable processing power while enabling publishers to profit without adverts.
Gather Online (Layer 0) enables online and mobile developers to make money off the processing power of their consumers.The protocol layer, Gather Network (Layer 1), is a hybrid proof of work and proof of stake blockchain where stakeholders are rewarded for upholding security and transparency.
Affordable Processing Power with Gather Cloud maintains the cost of processing power at a reasonable level for businesses while granting developers the advantage of Proof Of Work security without the hassle of finding miners.
Exchange: GTH is currently trading live on Gate.io, BKEX, and AscendEX (BitMax) with a 24-hour trading volume of $80,699.44.
unFederalReserve (eRSDL)
- Unit Price: $0.005971
- Market Cap: $2,595,920
- Distinct Features: ReserveFunding enables cryptocurrency owners to give money to non-bank lenders using SaaS and conventional financial service rails.
A fintech SaaS business, unFederalReserveTM combines blockchain-based technologies with 200 years of expertise in consumer lending. ReserveLendingTM is their live DeFi or P2P lending and borrowing platform. Making the most of your cryptocurrency while having a safe and simple user experience.
Their banking products are for smaller U.S. Treasury chartered banks and non-bank lenders who require more liquidity and a DeFi strategy without compromising security or compliance.
eRSDL’s ecosystem functions as a safe harbor where knowledgeable parties serve as the “price oracles,” and regular people may participate with a lower risk of being tricked by specialists.
Exchange: eRSDL is currently trading live on KuCoin, Uniswap (V2), and Bancor Network with a 24-hour trading volume of $212,856.
Unit Protocol (DUCK)
- Unit Price: $0.007788
- Market Cap: $1.25M
- Distinct Features: Unit Protocol is a decentralized borrowing system that allows the use of several tokens as collateral.
Unit protocol allows customers to access liquidity from a wide range of crypto assets through tailored solutions. Here, they offer more than 160 unique tokens to be utilized as collateral to create our stablecoin.
Unit Protocol’s approach ensures the price of the USDP stablecoin achieves its peg while allowing the market to self-regulate. Changing interest rates make borrowers uneasy and restrict the platform’s capacity to grow. When you deposit collateral, Unit Protocol enables the issuance of USDP stablecoin.
To ensure it eventually achieves the peg, long-term scaling of Unit Protocol is made by focusing on the value of the USDP rather than the stablecoin’s price.
Exchange: DUCK is currently trading live on Gate.io, SushiSwap, and ShibaSwap with a 24-hour trading volume of $18,024.63.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Source: https://nulltx.com/top-5-governance-tokens-below-0-01-price-mark-to-watch-in-october-2022/