# $ULAB $ULAB will be the native governance and utility token of the LayerBank ecosystem.\ It is designed to align users, liquidity providers, and partners under a unified incentive model. *** ### **Vision for $ULAB** * **Governance:** $ULAB holders will shape the future of LayerBank — from parameter updates (LTVs, reward distribution) to protocol upgrades. * **Incentives:** $ULAB will power LayerBank’s reward system, including supply/borrow incentives and staking yields. * **Cross-Chain Presence:** $ULAB is planned as an omnichain token, ensuring seamless usability across all supported networks. *** ### **Status** * **Launch:** $ULAB has **not yet been launched**. * **Home Chain:** The deployment chain for $ULAB is **to be decided** and will be announced before TGE. * **Tokenomics:** Details (emissions schedule, staking mechanics, ve-models) will be published closer to launch. *** ### **What to Expect Next** * **TGE Details:** Token generation event date and distribution breakdown * **Staking & Governance:** How $ULAB will integrate with LayerBank’s staking and voting systems > This page will be continuously updated as new information is finalized. Stay tuned for the official announcement of $ULAB’s launch and tokenomics. *** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.layerbank.finance/tokenomics/usdulab.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.