🚀 Wormhole has announced plans to distribute billions of W tokens to community members to decentralize governance.
- 1.7 billion (17% of the total supply) W tokens allocated for airdrop and launch
- Initial circulating emission will be 1.8 billion W
- The remaining 82% of W tokens are initially locked, with plans to gradually unlock them over 4 years
- W token will be issued on Ethereum ERC-20 and Solana SPL standard
- Details of the airdrop distribution are still unclear
The goal is to “gradually decentralize protocol governance for W holders.”