Sherlock works to protect Decentralized Finance (DeFi) users from smart contract exploits with security reviews from top auditors backed by smart contract coverage on the audited contracts.
The governance functions of the SHER token will increase over time as the protocol matures. In the short-term, the SHER token will be used as incentives for stakers and protocols as well as for compensation to the security team. In the long-term, the SHER token is expected to play a role in managing which Watsons are assigned to which protocols, as well as other critical protocol parameters.
