Yes, Mai has a governance token called MAI which is used to vote on decisions related to the network. MAI is a decentralized token, meaning that the token holders have the power to influence the direction of the project. The token is used to vote on protocol changes, and the voting is weighted based on the amount of MAI each user holds. MAI also acts as a reward for active users, as they are rewarded with MAI for participating in the network’s activities. This incentivizes users to stay active and engaged in the network, as they will be rewarded with more MAI as they participate. In addition, MAI also serves as a medium of exchange, allowing users to buy and sell goods and services within the network. Overall, MAI is a great way to give users control over the network and reward them for their participation.
