Odaily Planet News: The ETHGas Foundation has disclosed the detailed distribution and lock-up plan for the governance token GWEI, with a total supply of 1 billion tokens, including:
The ecosystem allocation is 31%, which will be linearly unlocked over 10 years;
Investor allocation: 27%, including a 1-year lock-up period (10% unlocks immediately upon expiration) and a 2-year linear unlock for the remaining tokens;
Team allocation: 22%, including a 1-year lock-up period (10% unlocks immediately upon expiration) and 2 years of linear unlocking;
The community allocation is 10%, which will be linearly unlocked over 4 years; the foundation allocation is 8%, which will be unlocked on the day of the mainnet launch;
Advisor allocation: 2%, including a 1-year lock-up period (10% unlocks immediately upon expiration) and 2 years of linear vesting.
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.
