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

# MAY — Protocol Token

## Overview

The Mayfair DAO is controlled by the holders of the $MAY governance token, which is used to vote on proposals for protocol updates, to manage the existing investment products, and to create new products with new management strategies.

### $MAY Allocation

$MAY will have a **3,000,000** token allocation.

<figure><img src="/files/uy4RwJPmx5LFcnohVO6B" alt=""><figcaption></figcaption></figure>

### MAY Rewards

Autostaked mDTF tokens earns MAY.