# Governance

Governance tokens are increasingly viewed through a financial lens rather than a purely ideological one. Assets like $ARB represent ecosystems where voting power influences treasury allocation, incentive structures, and long-term development strategy.
When governance controls real economic levers, token holders effectively shape capital distribution across the ecosystem. This transforms governance from passive participation into an active financial instrument tied to strategic direction.
Efficient liquidity remains central to this model. Participants adjusting exposure around governance event