Decentralized governance in IDO launchpads empowers token holders to make key decisions collectively. It's important because it ensures a democratic and community-driven approach to project development and decision-making. Token holders can vote on matters like protocol upgrades, listing new tokens, and distribution of funds. This not only fosters community engagement but also enhances transparency and trust. Decentralized governance is a hallmark of decentralized finance (DeFi) projects and is a valuable feature in IDO launchpads.
source: https://www.blockchainappfactory.com/ido-token-launchpad-services
source: https://www.blockchainappfactory.com/ido-token-launchpad-services
