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ETHGas Announces GWEI Token Allocation and Lock-Up Plan: 31% Allocated to the Ecosystem with Linear Unlocking Over 10 Years
Svmuu News: The ETHGas Foundation has disclosed the detailed allocation and vesting plan for its governance token, GWEI. The total supply is 10 billion tokens, of which: 31% is allocated to the ecosystem and will be unlocked linearly over 10 years; Investor allocation: 27%, including a 1-year lock-up period (with 10% unlocked immediately upon expiration) and a 2-year linear unlock; Team allocation: 22%, including a 1-year lock-up period (with 10% unlocked immediately upon expiration) and a 2-year linear unlock; Community Allocation: 10%, to be linearly unlocked over 4 years; Foundation Allocation: 8%, unlocked on the first day of launch; Advisory Allocation: 2%, including a 1-year lock-up period (with 10% unlocked immediately upon expiration) and a 2-year linear unlock. Additionally, GWEI distributed via community airdrops will be automatically staked for 30 days upon launch to ensure early contributors participate in governance. Holders may choose to lock their GWEI for periods ranging from 1 week to 4 years in exchange for veGWEI.
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