# Utility COF tokens can be utilized to stake COF to obtain veCOF. The daily emission is 51,400. The COF supply won’t increase unless a related governance proposal is initiated and passed. If the supply cap is voted to increase, the change should take effect after a 14-day time lock. ### veCOF veCOF is the protocol governance token; with more veCOF comes more voting power on protocol governance. Users can obtain veCOF from locking COF. Holding veCOF will grant users protocol income and COF rewards. veCOF tokens are minted when users lock COF and will be burnt as the lock time decreases. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://espresso-ex.gitbook.io/espresso-ex/tokenconomy-usdcof/utility.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.