CoinWorld News reports that Owlto Finance, an intent-centered cross-chain interoperability protocol, announced today the OWL token economic model. The official statement indicates that OWL will serve as the core token of the multi-chain interoperability ecosystem, used for protocol governance, revenue sharing, and cross-chain fee discounts, driving the free flow of users, builders, and assets across networks. Its initial circulating supply is 16.5%. Of which 15% will be airdropped, 22% will be allocated to the community, 10.33% to the ecosystem, 2.5% to the market, 7.5% to liquidity provision, 7% to exchange airdrops, 15.67% to investors, 15% to the team, and 5% to advisors. The tokens for the team, investors, and advisors are all subject to a 12-month lock-up period.
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CoinWorld News reports that Owlto Finance, an intent-centered cross-chain interoperability protocol, announced today the OWL token economic model. The official statement indicates that OWL will serve as the core token of the multi-chain interoperability ecosystem, used for protocol governance, revenue sharing, and cross-chain fee discounts, driving the free flow of users, builders, and assets across networks. Its initial circulating supply is 16.5%. Of which 15% will be airdropped, 22% will be allocated to the community, 10.33% to the ecosystem, 2.5% to the market, 7.5% to liquidity provision, 7% to exchange airdrops, 15.67% to investors, 15% to the team, and 5% to advisors. The tokens for the team, investors, and advisors are all subject to a 12-month lock-up period.