> ## Documentation Index
> Fetch the complete documentation index at: https://docs.shores.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# Introduction to SHORES

> What SHORES is and is not, and the planned tokenomics.

SHORES is the planned token of the Shores protocol, issued by the Shores Foundation, a Cayman Islands foundation company. It is separate from shUSD: shUSD is your share of a lending vault; SHORES is the protocol token.

## Timing

The TGE is planned for **24–36 months** after launch. SHORES is not deployed yet. Any token claiming to be SHORES before then is not Shores.

## What SHORES is not

* **Not a revenue share.** SHORES carries no right to protocol revenue and no distributions.
* **Not a claim on vault assets.** SHORES holders have no claim on the loans or on any vault. The Foundation is walled off from the vaults.
* **Not shUSD.** Holding SHORES earns no lending yield.

## Planned uses

* **Governance** over protocol parameters, introduced over time. See [Governance](/token-holders/governance).
* **Points conversion.** Points earned by staking shUSD are planned to convert to SHORES; terms to be announced. See [Points](/depositors/points).

## Exchanges

None. SHORES is not yet issued.

## Tokenomics (planned)

<Info>
  Everything in this section is planned and can change before the TGE.
</Info>

### Supply and allocation (planned)

\[TBD: total supply, allocation table, vesting and unlock schedule]

### Points allocation (planned)

A portion of supply is planned for the points program. \[TBD: points allocation and conversion terms]

### Foundation fee share (planned)

The Shores Foundation is planned to receive 30% of protocol fees. See [Fees](/technical/fees).

### Reserved buyback right (planned)

After public milestones, the Foundation may use its fee share for open-market SHORES buybacks. This is a right, not an obligation, and buybacks would come only from fee revenue. \[TBD: confirm milestone wording for publication]


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