Wormhole, a cross-chain interoperability protocol, has introduced an airdrop of 617 million W tokens to almost 400,000 wallets to boost its ecosystem’s decentralization and incentivize group participation.
The airdrop follows a optimistic safety audit by the Uniswap Basis’s Bridge Evaluation Committee.
The tokens are supposed to facilitate governance and encourage contributions inside the Wormhole community, which helps knowledge switch throughout over 30 blockchains.
The allocation of W tokens, representing 6% of the full provide, consists of 500 million tokens for on-chain exercise and roughly 117 million for group customers, corresponding to Discord members and varied NFT communities.
Airdrop eligibility was decided by ecosystem interactions as of February 6.
The W token will perform throughout a number of chains, together with Ethereum and Solana.