Odaily Planet Daily News - Owlto Finance, an intent-centric cross-chain interoperability protocol, announced the OWL token economic model today. The official statement indicates that OWL will serve as the core token of the multi-chain interoperability ecosystem, used for protocol governance, revenue distribution, and cross-chain transaction fee discounts, driving users, builders, and asset liquidity to flow freely across networks.
Its initial circulation is 16.5%. Of this, 15% will be allocated for airdrop, 22% for community, 10.33% for ecosystem, 2.5% for marketing, 7.5% for liquidity provision, 7% for exchange airdrop, 15.67% allocated to investors, 15% allocated to team, and 5% allocated to advisors. Team, investor, and advisor tokens all have a 12-month lock-up period.