ETHGas announces GWEI token distribution details, with the ecosystem accounting for up to 31%

GateNews

2026-01-16 14:09:01

PANews January 16 News, according to the ETHGas Foundation disclosure, the total supply of governance token $GWEI is 10 billion tokens, of which 31% are allocated for ecosystem incentives and will be linearly released over 10 years. Investors and the team receive 27% and 22% respectively, both with a 1-year lock-up (with 10% unlocked) plus a 2-year linear release mechanism; the community receives 10%, with a 4-year linear release; 8% of the foundation's tokens are unlocked on the first day of launch, and advisors hold 2%. GWEI obtained through airdrops will be automatically staked for 30 days upon launch to activate veGWEI governance.

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