Coin World News reports that Owlto Finance, an intent-centric cross-chain interoperability protocol, has announced the OWL token economic model today. According to the official statement, OWL will serve as the core token of the multi-chain interoperability ecosystem, used for protocol governance, revenue distribution, and cross-chain transaction fee discounts, driving the free flow of users, builders, and asset liquidity across networks. Its initial circulation rate is 16.5%. Among this, 15% will be allocated for airdrops, 22% for community, 10.33% for ecosystem, 2.5% for marketing, 7.5% for liquidity provision, 7% for exchange airdrops, 15.67% for investors, 15% for team, and 5% for advisors. Tokens allocated to team, investors, and advisors all have a 12-month lockup period.
Coin World News reports that Owlto Finance, an intent-centric cross-chain interoperability protocol, has announced the OWL token economic model today. According to the official statement, OWL will serve as the core token of the multi-chain interoperability ecosystem, used for protocol governance, revenue distribution, and cross-chain transaction fee discounts, driving the free flow of users, builders, and asset liquidity across networks. Its initial circulation rate is 16.5%. Among this, 15% will be allocated for airdrops, 22% for community, 10.33% for ecosystem, 2.5% for marketing, 7.5% for liquidity provision, 7% for exchange airdrops, 15.67% for investors, 15% for team, and 5% for advisors. Tokens allocated to team, investors, and advisors all have a 12-month lockup period.