Wormhole, a leading cross-chain platform, has announced plans for a major token unlock event. Set for August 3, 2024, this move will see 6% of W tokens released, bringing the total unlocked community tokens to 17%.
Wormhole’s Upcoming Token Unlock Event
Wormhole plans for a significant token unlock event. According to a statement published on their X (formerly Twitter) platform, the project will unlock 6% of its W tokens on August 3, 2024. This move will bring the total unlocked community tokens to 17%.
The Wormhole Foundation has emphasized that these newly unlocked tokens will be under their management and will be exclusively utilized for future community-related projects. This decision aims to maintain control over token distribution while potentially fostering community engagement and development.
Following the unlock, the distribution of unlocked and circulating W tokens will be as follows:
Community and Launch: 17% of the allocated 17% will be unlocked
Foundation Treasury: 3.7
We współpracy z: https://coingape.com/wormhole-plans-major-w-token-unlock/
