# The $WEERO Token

$WEERO is the governance token for KaiaFun.

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The tokenomics of $WEERO are currently in draft form.
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## Phase 1

* Fixed supply of 1 million
* 18 decimals
* Airdropped launch on early users and ecosystem partners
* $WEERO liquidity pool is deployed to WEERO's own constant product or/and concentrated liquidity DEX
* Deflationary
  * Buybacks from treasury made with protocol fees
  * Burn fixed amount of $WEERO for superpowers

## Phase 2

* *ve(3, 3)*
  * Stake to earn governance rights and staking incentives
  * An open vested escrow token model, lockup period from 1 week to 4 years
  * ve lockers accumulate all protocol fees (emissions are made by $WEERO buybacks from protocol fees)


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