$ULAB will become the native governance and functional token of the LayerBank ecosystem. It aims to harmonize the interests of users, liquidity providers, and partners through a unified incentive model. @LayerBankFi @cookiedotfun #Cookie $ULAB Vision - Governance: $ULAB holders will collectively shape the future of LayerBank—including decisions regarding parameter updates (such as LTV, reward distribution) and protocol upgrades. - Incentives: $ULAB will drive LayerBank's reward system, covering multiple aspects such as deposit and borrowing incentives and staking rewards. - Cross-Chain Deployment: $ULAB is planned as a cross-chain token, ensuring seamless use on all supported networks. Current Status - Issuance Plan: $ULAB has not yet been officially launched. - Mainchain Deployment: The mainchain deployment for $ULAB is currently pending and will be announced before the Token Generation Event (TGE). - Token Economic Model: Specific details (such as the release plan, staking mechanism, ve model, etc.) will be disclosed closer to the launch. Future Outlook - TGE Details: The specific date and allocation plan for the token generation event will be announced soon. - Staking and Governance: A detailed explanation of how $ULAB integrates with LayerBank's staking and voting system.