> For the complete documentation index, see [llms.txt](https://yieldparrotfinance.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://yieldparrotfinance.gitbook.io/docs/token-and-economics.md).

# Token & Economics

All you need to know about our native token

### General Details:

**Ticker:** LORY \
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**Chain:** BSC — Binance smart chain \
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**Format:** BEP20 \
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$LORY is our governance token for the BSC. By holding $LORY you are being part of our community and will participate in the decisions and growth of the protocol. You can earn LORY by using the farms, buying through de LP Creation function, or staking LORY. \
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LORY rewards distributed to Space Vaults: 0.09 LORY per block +10% reward to YieldParrot dev team to ensure the growth and sustainability of the protocol \
Total: 2592 LORY per day.<br>

The LORY token doesn’t have a max supply, however deflationary mechanisms are installed such as buy back, scheduled burns and more will be coming to ensure the growth of the protocol but safeguarding the value to the community holders. We aim in time to making deflation higher than emission by building these mechanisms&#x20;

All parameters may be adjusted in the future via governance.

### General Details:

**Ticker:** fLORY \
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**Chain:** FTM — Fantom Chain\
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**Format:** ERC20 \
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$fLORY is our governance token for the FTM. By holding $fLORY you are being part of our community and will participate in the decisions and growth of the protocol. You can earn fLORY by using the farms, buying through de LP Creation function, or staking fLORY. \
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fLORY rewards distributed to Space Vaults: 0.03 fLORY per block +10% reward to YieldParrot dev team to ensure the growth and sustainability of the protocol \
Total: 2712 fLORY per day.

The fLORY token has a max supply of 5.000.000

All parameters may be adjusted in the future via governance.<br>