Economics
FIBOR Token
The governance token of the FIBOR protocol. Vote on parameters, fees, and treasury allocation.
What it does
FIBOR is an ERC-20 governance token deployed on Base. It serves one function: governance of the protocol.
- Governance — FIBOR holders vote on protocol parameters: fee rates, credit limits, treasury allocation, and protocol upgrades.
FIBOR is not for staking or savings
The credit pool is funded by USDC savings deposits in FiborAccounts, not by staking FIBOR tokens. You do not need FIBOR tokens to earn yield — just deposit USDC into savings. FIBOR is purely a governance token.
Key details
Token standardERC-20
ChainBase (OP Stack L2)
Total supply1,000,000,000 (fixed, no inflation)
Gas tokenETH (not FIBOR)
UtilityGovernance (parameter votes, treasury)
StakingNot applicable — savings deposits are in USDC