# kaal:claim:5887242-024

**Claim.** Unlike fungible governance tokens that can be purchased, farmed, or delegated, REP tokens are strictly non-transferable and can only be earned, augmented, or reduced through on-chain participation in Validation Pools.

**Type.** definitional  **Support.** asserted

**Source quote.**

> Unlike fungible governance tokens that can be purchased, farmed, or delegated, REP tokens are strictly non-transferable and can only be earned, augmented, or reduced through on-chain participation in Validation Pools.

**From.** Wulf A. Kaal, *The UDLC DAO Operationalizing a Continuously Evolving Universal Digital Law Codex Through Weighted* (2025), Chapter III.C, page 16

**Cite as.** Wulf A. Kaal, The UDLC DAO Operationalizing a Continuously Evolving Universal Digital Law Codex Through Weighted (2025). SSRN: https://ssrn.com/abstract=5887242

**Verify.** sha256 of source PDF `4e5c2e2b4304af6d22e0b0939b1fddeabcf091e19a1b00b7bfccf77cbd6280c5` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202025%20-%20The%20UDLC%20DAO%20Operationalizing%20a%20Continuously%20Evolving%20Universal%20Digital%20Law%20Codex%20Through%20Weighted.pdf

**Topics.** tokenomics, governance-design

**Keywords.** rep-tokens, non-transferability, erc-721, governance-tokens

**Related claims.**

- extends: https://wulfkaal.github.io/claims/4755632-035
- extends: https://wulfkaal.github.io/claims/4941807-031
- extends: https://wulfkaal.github.io/claims/4957318-031

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