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ETHGas Fee Disclosure: GWEI Breakdown and Lockup Schedule Revealed: Community Airdrop will automatically stake for 30 days
BlockBeats News, January 16th: The ETHGas Foundation disclosed the detailed allocation and vesting plan of the governance token GWEI, with a total supply of 10 billion tokens as follows: Ecosystem Allocation 31%, with a 10-year linear unlock; Investor Allocation 27%, including a 1-year lockup period (10% immediately unlocked upon expiration) and a 2-year linear unlock; Team Allocation 22%, including a 1-year lockup period (10% immediately unlocked upon expiration) and a 2-year linear unlock; Community Allocation 10%, with a 4-year linear unlock; Foundation Allocation 8%, unlocked on the first day of listing; Advisor Allocation 2%, including a 1-year lockup period (10% immediately unlocked upon expiration) and a 2-year linear unlock.
Furthermore, GWEI distributed through a community airdrop will automatically be staked for 30 days at listing to ensure early contributors participate in governance. Holders can choose to lock GWEI for 1 week to 4 years to receive veGWEI.
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