ULAB is the governance + utility token of LayerBank, powering incentives across its omni-chain money market.
Users can pair ULAB into LP and lock it to mint xULAB, boosting rewards and forming the base for future governance.
$ULAB is designed to fuel the core incentive engine of the protocol—rewarding suppliers, borrowers, and LP providers across LayerBank’s multi-network markets.
The locking mechanism is central to its model.
ULAB can be paired into LP positions (like ULAB–MOVE or ULAB–ETH) and deposited into the ULAB Locker to mint xULAB, enabling stronger reward boosts and deeper protocol participation.
xULAB is set to act as the foundation for LayerBank’s evolving governance system, including future emission gauges and protocol-level decision mechanisms.
Token basics:
ULAB — 100M supply — ERC-20 / Move Fungible Asset / LayerZero OFT — live on Movement, Base, and other LayerBank-supported networks.
With its omni-chain deployment, reward mechanics, and governance trajectory, ULAB sits at the center of LayerBank’s cross-chain growth.
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