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WRN

WRN is the native token of the Warren protocol.

The total supply of WRN is 1,000,000,000. The full distribution and emission schedule will be finalized and published before mainnet launch.

Token Utility​

WRN is used to:

  • Direct emissions across pools — by locking WRN for bWRN, holders gain voting power over how new emissions are split across gauges.
  • Earn protocol fees and bribes — bWRN holders are entitled to a share of swap fees from gauges they vote for, plus any bribes deposited for those gauges. See voting and liquidity rental for the mechanics.
  • Govern the protocol — bWRN is the unit of governance for parameter changes, gauge approvals, and treasury actions.

Treasury Allocation​

A portion of WRN is held in the Governance Treasury and allocated by bWRN governance to fund liquidity incentives, partnerships, audits, and protocol operations. Specific treasury allocation policies will be finalized before launch.