> For the complete documentation index, see [llms.txt](https://kuvera.gitbook.io/kuvera/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kuvera.gitbook.io/kuvera/1-definitions.md).

# 1 - Definitions

### **$KUV Token**

$KUV, the governance token of Kuvera, empowers its holders to partake in decision-making processes within the DAO's scope. This token is pivotal for expressing community preferences and guiding the platform's evolution.

* **Total Allocation**: 1,000,000,000 $KUV (100% of the total supply).

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### **sKUV Token**

sKUV, the staked variant of $KUV, is non-transferable. Acquisition of sKUV occurs through staking $KUV for predetermined periods, maintaining a 1:1 ratio. sKUV holders enjoy exclusive benefits, such as:

* Participation in special initiatives (e.g., commission discounts, rewards multipliers, early access to new offerings).
* Eligibility to propose voting initiatives and to be elected into various Committees, enhancing their influence within the DAO.
* **Additional Benefits:** Double voting rights in governance and a share in transaction fee revenues.
* **Fee Distribution from Swaps: 50 bps fee on AMM** pool swaps, with **27 bps to LPs**, **8 bps to staked $KUV holders**, and **15 bps to the Ecosystem Development Fund.**

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### **Kuvera DAO**

Kuvera DAO is an autonomous collective formed by $KUV and sKUV holders, dedicated to fostering Kuvera's growth through both profit-oriented and altruistic initiatives. Its responsibilities encompass:

* Directing Kuvera's development through structured voting mechanisms.
* Managing the $KUV token treasury.
* Financial support for Kuvera's maintenance and expansion.
* Strategizing to maintain the $KUV token's liquidity.
* Cultivating the Kuvera user community.