๐ Exciting News from Wormhole!
Introducing W Token and Airdrop Plan! ๐
Wormhole, the revolutionary blockchain connectivity platform, has unveiled its native token, W, along with its ambitious airdrop strategy for users.
According to the project's official announcement, W will boast a total supply of 10 billion tokens, with a substantial 82% locked post-issuance. This leaves an initial circulating supply of 1.8 billion tokens, ready to ignite the platform's ecosystem.
A generous portion of 17% from the total supply is earmarked for the community, a testament to Wormhole's commitment to decentralization. ๐ค Of this allocation, 11% will be promptly unlocked and distributed during the token generation event (TGE). The project has already initiated the airdrop process, with users eagerly awaiting their share of W tokens.
W tokens are set to serve as the lifeblood of the Wormhole DAO governance system, empowering holders to shape the platform's future. From voting on critical decisions to steering the trajectory of the project, W holders wield significant influence. ๐ณ๏ธ
Wormhole stands as a beacon of innovation in the blockchain sphere, seamlessly linking the decentralized web. ๐ With support for over 30 blockchains, including Ethereum, Solana, and Binance Smart Chain, Wormhole facilitates secure cross-chain transfers and on-demand data queries across diverse ecosystems.
Facing off against its rival LayerZero, Wormhole remains at the forefront of interoperability solutions. LayerZero, while promising, is yet to unveil its token issuance and airdrop plan, leaving users eagerly anticipating further details. ๐ต๏ธโโ๏ธ
Backed by heavyweights like Brevan Howard and Coinbase Ventures, Wormhole's recent funding round catapulted its valuation to a staggering $2.5 billion, a testament to its unwavering potential. ๐
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