😮🪂💥Wormhole airdrop announced: 1.7 billion tokens will be distributed
#Wormhole , which acts as a bridge between blockchains, is launching its own token to the market. Dec. Wormhole, in line with expectations, will distribute a significant part of the token supply via airdrop.
Wormhole, a protocol that allows different blockchain networks to communicate with each other, is launching its own token. An #airdrop will also be made for the token, which will be traded with the W code.
The total supply of the token will be 10 billion. Of this, 17 percent, equivalent to 1.7 billion units, was allocated to the community. When the token is launched, 11 percent of the share will be distributed, while the remaining 6 percent will be locked for four months.
It was stated that the snapshot that will be used to determine the wallets that qualify for airdrop was taken before today's official announcement was published. A clear time and date were not given. On the other hand, it is not yet clear when the token will be released and what the airdrop criteria are.
Wormhole suffered a hacking attack that resulted in a loss of $ 320 million in 2022, but these funds were replaced in a short time. The protocol also received an investment of $ 225 million at the end of November last year at a valuation of $ 2.5 billion.
