# ABRA

### **ATTENTION! The project has been shut down! Details can be found at:**

<https://cadabra.gitbook.io/v2/articles/announcement-of-cadabra-finance-stopping>

### **Everything written below on this and all other pages is no longer relevant and is provided for historical information only. If you continue to use the project website or its smart contracts, you do so at your own risk.**

<mark style="color:blue;">**ABRA**</mark> is a utility multichain token of the Cadabra Finance platform, based on the Omnichain LayerZero standard for fungible tokens, and can be transferred between supported networks.&#x20;

The primary utility of <mark style="color:blue;">**ABRA**</mark> is yield delivery and boosting of user rewards.

<mark style="color:blue;">**ABRA**</mark> is distributed as rewards for providing liquidity in strategies based on voting results and allocated from the weekly emission.

Locked ABRA tokens ([**veABRA**](https://cadabra.gitbook.io/v2/tokenomics/images-and-media)) is the core of the voting mechanism in a ve(3,3)-like model. It is also used in the DAO voting to manage the platform. The Cadabra ve(3,3) voting system allows users to earn rewards from underlining protocols.