PANews reported on January 30 that according to official news, YO Protocol announced that it will launch its native governance token YO and release a tokenomics model. The total supply of YO is 1 billion, and the distribution plan is: 30% for community growth and future rewards, 24% for core contributors, 21.5% for ecosystem development and strategic cooperation, 16.5% for early investors, and 8% for genesis airdrops. Token airdrop applications will open on February 5, and eligible users can connect to Base Network Wallet to claim them.
The YO token will be rolled out in phases: in the initial phase, the token will be non-transferable, aiming to encourage active participation in governance and promote long-term alignment with real users; This phase is expected to enable the transfer function through governance voting when feasible. Holding YO will have voting rights on key decisions of the protocol, including future plans, treasury usage, treasury parameter adjustments, etc. For early users and the community, YO Protocol has launched the YO Rewards Program on January 29th, which will last for two weeks, allowing users to earn YO rewards by depositing yoUSD, yoETH, yoEUR, yoBTC, or yoGOLD vaults or participating in supported DeFi activities, with a reward rate of 14% for all vaults during the first event.
Previously, in December 2025, YO Labs, the development team behind YO Protocol, completed a $10 million Series A financing, led by Foundation Capital.
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