# Y2K

$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:

* Governance 
* Protocol revenue sharing (50% of fees) [YIP#2](https://snapshot.org/#/y2k-finance.eth/proposal/0x3173123a57052751ef8cc6fe7c085d77ff085194f1d1122e0e3596ad98a98301)
* $Y2K emissions [YIP#4](https://snapshot.org/#/y2k-finance.eth/proposal/0x4c0b124d096344f4c44617a114599dfa034ba2cfd8c5f90e1946ed835e73e857)
* Direction of emissions 
* Deposit asset in Earthquake vaults

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 available for trade in the following DEXes

* $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](https://app.balancer.fi/#/arbitrum/pool/0x569061e2d807881f4a33e1cbe1063bc614cb75a40002000000000000000002bb)