Cross-chain interoperability protocol Owlto announces tokenomics, with an initial circulating supply of 16.5%.

This article is machine translated
Show original

According to Foresight News , Owlto Finance, an intent-centric cross-chain interoperability protocol, today announced its 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 distribution, and cross-chain fee discounts, driving the free flow of users, builders, and asset liquidity across the network.

Its initial circulating supply is 16.5%. Of this, 15% will be used for airdrops, 22% for the community, 10.33% for the ecosystem, 2.5% for the market, 7.5% for providing liquidity, 7% for exchange airdrops, 15.67% for investors, 15% for the team, and 5% for advisors. Team, investor, and advisor tokens all have a 12-month lock-up period.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments