Governance tokens grant holders voting power over a protocol’s future, thereby covering upgrades, fees, treasury use, and ecosystem partnerships. They transform passive users into active stakeholders, enabling community-driven decision-making and decentralized stewardship. Below are notable micro-cap governance tokens that are below $500K market cap worth following. Note: This list is sorted in no particular order. All data and information gotten from CoinMarketCap. Standard Protocol (STND) Standard Protocol is a ZK‑EVM Layer‑2 solution enabling zero‑interest stablecoin issuance (starting with sEURO) backed by user vaults. STND token holders steer protocol parameters like interest models, collateral, and treasury strategies. Standard is pioneering a
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