The Vera token, VERAI, is a native governance token for the Vera
DAO, enabling decentralized decision-making. Through VERAI, members
can propose, vote, and carry out governance actions in a
transparent and efficient manner.
This token fosters an inclusive and meritocratic decision-making
culture. Moreover, VERAI is a multichain token currently available
on two networks and plays a pivotal role in the treasury,
enhancing community engagement and participation through its
utilities and redistribution mechanisms.
All the previously earmarked token allocations of the Vera
ecosystem are deposited into the treasury. This includes tokens to
be used for Hi Farming rewards, voting and contributing rewards,
grant funding, and funding for many other initiatives.
Putting all these tokens into the treasury assures the
transparency and predictability of token distribution throughout
the Vera community.