Yala Token

Stability Pool rewards: Users deposit YU into the Stability Pool to backstop system debt at liquidation. Participants receive YALA incentives, a share of liquidated collateral and stability fees, creating a standing buffer that reduces bad debt risk.

Cryptoeconomic security: YALA can be staked to validators that operate the Notary Bridge for cross-chain settlement. It also supports security for YU via LayerZero-based Decentralised Verifier Networks that verify cross-chain messages and help maintain consistency between chains.

Stabilisation auctions and recapitalisation: In surplus auctions, keepers bid with YALA which, if accepted, is directed to the Reserve Pool to modulate circulating supply. In debt auctions, YALA can be drawn from the Reserve Pool to restore solvency when the system accumulates deficits.

Governance: Holders propose and vote on parameter changes, upgrades and operational processes. Delegation allows holders to assign voting power to trusted parties. A vote-escrow model (veYALA) enables gauge-weight voting so governance can direct the flow of emissions and incentives to specific pools, chains or integrations.

Ecosystem incentives: YALA is used to bootstrap liquidity for YU pairs, seed YALA trading venues and encourage integrations through targeted incentive programmes and grants tied to measurable usage.