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

# FUNG Token

The FUNG Token is primarily a governance token. To access fees and governance power, $FUNG must be staked. As $FUNG is staked,[ veFUNG](https://www.notion.so/veFUNG-c913307af0824a4b8518fff988486294) is accumulated linearly over time up to a maximum of 9 months. The consequent $veFUNG allows for the following uses:

* Fees - earned protocol fees are distributed to $veFUNG holders
* [Governance](https://www.notion.so/Governance-2a116621d5f24f228a24a90dbde2faf9) - $veFUNG holders can vote for governance proposals

## veFUNG

veFUNG stands for “vote escrowed $FUNG.” The governance power and fees accumulated by $veFUNG holders are proportional to the $veFUNG balance of an account.

Any contracts that wish to interact with the $veFUNG contract will first need to be added to a whitelist by the DAO.

## Details

<table data-header-hidden><thead><tr><th width="211.5"></th><th></th></tr></thead><tbody><tr><td>FUNG Token Address</td><td>0x0e4e7F2AecF408AFF4f82f067677050239bdC58A</td></tr><tr><td>DEX</td><td><a href="https://app.uniswap.org/swap?outputCurrency=0x0e4e7F2AecF408AFF4f82f067677050239bdC58A&#x26;chain=ethereum">Uniswap V3 Pool</a></td></tr></tbody></table>
