> For the complete documentation index, see [llms.txt](https://rooster-protocol.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://rooster-protocol.gitbook.io/docs/overview/tokenomics.md).

# Tokenomics

Rooster Protocol utilizes a dual-token system designed to incentivize participation, align long-term incentives, and ensure protocol sustainability through carefully managed utility and governance mechanisms.

## Tokens

* **ROOSTER:** An ERC-20 utility token serving as the primary reward and incentive mechanism within the protocol.
* **veROOSTER:** An ERC-721 governance token, represented as an NFT (non-fungible token), which grants voting rights and potentially other benefits within the protocol.