Wormhole introduced the tokenomics of the W token. Community | TOKENSALE l IGO l IEO l Whitelist

Wormhole introduced the tokenomics of the W token.

Community & Launch

17% - 1,700,000,000 W
The Community has been allocated 17% of the token supply. Wormhole wouldn’t be possible without a thriving community of supporters. 11% of this allocation will be unlocked at TGE and will be distributed during the initial phases of the TGE, including the TGE-related airdrop (and related activities). The snapshot for this airdrop has been taken before the publishing of this blog.

11% or 1,100,000,000 W will be unlocked at TGE with the remaining 6% unlocked four months after TGE.

Token Distribution & Release Schedule

Ticker: W
Maximum Supply: 10,000,000,000
Initial circulating supply: 1,800,000,000
Token Format: Native ERC20 and SPL (using Wormhole’s Native Token Transfer standard)
Lock Up: 82% of W are initially locked and such tokens will unlock over the course of four years.

https://wormhole.com/wormhole-w-tokenomics/