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

# Governance Token

- [Community Governance](https://docs.clipper.exchange/governance-token/community-governance.md): SAIL is the governance token of AdmiralDAO.
- [SAIL Primer](https://docs.clipper.exchange/governance-token/sail-primer.md): Note: All information in this Primer is publicly available information.
- [Clipper Fundamentals](https://docs.clipper.exchange/governance-token/sail-primer/clipper-fundamentals.md)
- [DEX Market Structure](https://docs.clipper.exchange/governance-token/sail-primer/dex-market-structure.md)
- [SAIL Supply & Circulation](https://docs.clipper.exchange/governance-token/sail-primer/sail-supply-and-circulation.md): SAIL is the governance token of AdmiralDAO, the DAO behind Clipper DEX.
- [SAIL Farming](https://docs.clipper.exchange/governance-token/sail-primer/sail-farming.md)
- [veSAIL](https://docs.clipper.exchange/governance-token/sail-primer/vesail.md): SAIL is for Governance
- [Token Listings](https://docs.clipper.exchange/governance-token/sail-primer/token-listings.md): A repository of third-party token listings.