According to TechFlow, on August 1, according to official news, the cross-chain interoperability platform Wormhole will unlock 6% of W tokens on August 3, 2024, when the community's total 17% of tokens will be unlocked. These tokens will be managed by the Wormhole Foundation and will only be used for future community-related projects. After unlocking, the circulation of W tokens is as follows:
Community & Startup: 17% of 17% unlocked Foundation Treasury: 3.78% of 23.3% unlocked Ecosystem & Incubation: 5% of 31% unlocked Strategic Network Participants: 11.6% Unlocked Core Contributors: 12% Unlocked Guardian Nodes: 5.1% Unlocked
The total unlocking ratio is approximately 25.78%. According to token economics, the next unlocking for strategic network participants, core contributors, guardian nodes, and the ecosystem will take place on April 3, 2025.
According to previous news, W's token economics was released on February 7, 2024.
