$ULAB
ULAB (Universal LayerBank Token) is the governance and utility token of LayerBank, an omni-chain money market deployed across multiple networks.
ULAB is used to:
Incentivize supply, borrow, and LP activity on LayerBank
Lock into ULAB LP to obtain xULAB via the Locker
Boost ULAB rewards and participate in governance
Token Summary
Name
Universal LayerBank Token
Symbol
ULAB
Total Supply
100,000,000 ULAB
Standard
ERC-20, Fungible Asset (Move), LayerZero OFT (cross-chain)
Contract
(TBA)
Chains
Movement, Base, and other LayerBank-supported networks
Role
Governance & utility token of the LayerBank protocol
Roles of ULAB
Reward Asset ULAB is distributed as incentives to suppliers, borrowers, and LP providers.
Locking & Boost Asset ULAB is paired into LP (e.g. ULAB–MOVE, ULAB–ETH) and locked in the ULAB Locker to mint xULAB, which boosts rewards.
Governance Primitive (WIP) xULAB is designed as the base primitive for future emission gauges and protocol governance.
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