> For the complete documentation index, see [llms.txt](https://docs.drops.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.drops.co/tokens/overview.md).

# Overview

The DropsDAO ecosystem has three token components: DOP, veDOP and esDOP. Each of these is a form of the protocol’s native token, with a different purpose.

### DOP

DOP is the native token of the Drops protocol, in its regular form. It is completely transferable.

### veDOP

veDOP is short for vote-escrowed DOP. It represents a claim on DOP that has been locked up (also referred to as “staked”) in the protocol. 

veDOP is not transferrable.

### esDOP

esDOP is escrowed DOP that has been paid out in protocol rewards. It represents a claim on DOP that can be redeemed over time.

esDOP is transferrable to whitelisted contracts.

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