$Y2K token is the utility token of the Y2K ecosystem, shaping the direction of 2 flagship products: Earthquake and Wildfire.
Following the IFO, $Y2K can be locked for vlY2K which will exhibit the following functions:
- Protocol revenue sharing (50% of fees)
- Direction of emissions
At launch, $Y2K will be issued as a reward to vault depositors, but will be non-transferable until Bond initiation and the release of vlY2K. The approximate timeline for transferability is early December.
- $Y2K is the governance token that will be used to define important parameters of the Y2K ecosystem. $Y2K is available for trading in the following Balancer Pool: Y2K : wETH