ETHGas Foundation Discloses GWEI Token Allocation and Locking Plan

KuCoinFlash

Release Time:01/16/2026 14:01:48

Summary

Token launch news: The ETHGas Foundation has disclosed the full allocation and vesting plan for its governance token, GWEI. The total supply of 10 billion tokens will be distributed as follows: 31% to the ecosystem (10-year linear unlock), 27% to investors (1-year lockup, 10% immediate unlock, 2-year linear unlock), 22% to the team (same terms), 10% to the community (4-year linear unlock), 8% to the foundation (fully unlocked at launch), and 2% to advisors (1-year lockup, 10% immediate unlock, 2-year linear unlock). Tokens airdropped to the community will be automatically staked for 30 days. New token listings can expect GWEI holders to lock their tokens for 1 week to 4 years to earn veGWEI.

BlockBeats News: On January 16, the ETHGas Foundation disclosed the detailed distribution and vesting plan for the governance token GWEI. The total supply is 10 billion tokens, allocated as follows: - **Ecosystem (31%)**: Linearly unlocked over 10 years. - **Investors (27%)**: Includes a 1-year lock-up period (10% unlocked immediately after the lock-up period ends), followed by a 2-year linear unlock. - **Team (22%)**: Includes a 1-year lock-up period (10% unlocked immediately after the lock-up period ends), followed by a 2-year linear unlock. - **Community (10%)**: Linearly unlocked over 4 years. - **Foundation (8%)**: Fully unlocked on the day of the token's launch. - **Advisors (2%)**: Includes a 1-year lock-up period (10% unlocked immediately after the lock-up period ends), followed by a 2-year linear unlock.

In addition, GWEI distributed through community airdrops will be automatically staked for 30 days upon launch to ensure early contributors' participation in governance. Holders can choose to lock their GWEI for periods ranging from 1 week to 4 years in exchange for veGWEI.

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