# GAB Token

*Resource address:* [*resource\_rdx1tknu3dqlkysz9lt08s7spuvllz3kk2k2yccslfpdk73t4lnznl9jck*](https://dashboard.radixdlt.com/resource/resource_rdx1tknu3dqlkysz9lt08s7spuvllz3kk2k2yccslfpdk73t4lnznl9jck)

*The above resource address is the official address associated to the Gable custom token 'GAB'. When interacting with the token, ensure that the address matches the one above.*

### GAB Introduction

GAB is the custom token for the Gable protocol. This token is issued deliberately after the first release of the protocol (Gable Version 1). From Gable Version 2 and onwards, GAB will play a pivotal role in interacting with the protocol and contributing to its governance.

#### **Utility** <a href="#id-3af2" id="id-3af2"></a>

Suppliers may gain access to enhanced rewards, reduced fees, or exclusive features, while borrowers can enjoy discounted interest rates or access to a wider range of lending options. This utility token will play a crucial role in further incentivizing engagement and usage on our platform.

#### **Governance** <a href="#id-8774" id="id-8774"></a>

The Gable token will also serve as a governance token. Token holders will have the opportunity to participate in the decision-making processes of Gable enabling them to vote on key proposals and protocol upgrades. This ensures that our community plays an active role in shaping the future direction of Gable.

### GAB Allocation <a href="#id-4623" id="id-4623"></a>

At genesis, **1,000,000,000 GAB** tokens will be minted, which will become available over an approx. 4.5 year period. The tokens will be allocated as following:

* 55% of tokens will be distributed to the community: **550,000,000 GAB**
* 20% of tokens will be distributed to the team: 2**00,000,000 GAB**
* 15% of tokens will be dedicated to cover operational expenses: **150,000,000 GAB**
* 10% of tokens will be distributed to investors: **100,000,000 GAB**

<figure><img src="https://1058596797-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fx43gOcmpC0zNpUCZ6GSY%2Fuploads%2FSXIRtzHaN1VI8nCU4FC7%2FGAB%20Genesis%20Allocation%20(1).png?alt=media&#x26;token=734e621d-67a4-4aa8-97e7-57780cdd4263" alt=""><figcaption><p>Gab Genesis Allocation</p></figcaption></figure>

**Inflation**

We are committed to encourage active participation and contribution within the Gable. To ensure the long-term health and sustainability of our ecosystem, we are introducing a perpetual inflation rate of 1% per year. This inflation mechanism will come into effect after the last tokens from the initial release schedule have been distributed, approximately 4.5 years from now. This 1% annual inflation will **completely** be dedicated for participation on the protocol, by the community.

For more information, visit the GAB tokenomics post [here](https://docs.gable.finance/v1-flashloan-pool/flash-loan/fees).
