$ULAB is LayerBank's governance token, leveraging vote escrow tokenomics to reward long-term holders with revenue sharing, governance power, and boosted yields. Stakers convert $ULAB into xULAB, a staked version transferable across multiple chains, allowing seamless participation in LayerBank’s ecosystem. Through xULAB, stakers influence emissions, earn up to 3x APR boosts, and enjoy flexible cross-chain staking and governance capabilities. This model supports sustainable growth, attracts liquidity, and aligns incentives across the platform.