# WAGYU Token

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**WAGYU is not yet live, to keep updated join our discord.**
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**$WAGYU** will be the governance token of the Tenderize ecosystem. This includes goverance over:

* Core protocol upgrades
* TenderSwap upgrades
* Composite tTokens
* lpETH
* any future related Tenderize products

A portion of the revenue from TenderSwap and multi-validator LSTs will be used to buy back $WAGYU and distribute as incentives across governance and various ecosystem incentives such as liquidity.\
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$WAGYU can be locked for $veWAGYU to participate in governance.