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GWEI Token Allocation Plan Explanation: How the 10 Billion Supply is Distributed, Lock-up and Release Mechanisms Detailed
【Crypto World】The ETHGas Foundation has announced its complete distribution plan for its governance token GWEI. The plan is quite detailed and worth a deep dive.
The total supply of GWEI is set at 10 billion tokens. Let’s start with the major allocations—31% goes to the ecosystem, with a 10-year linear unlock schedule, meaning funding for ecosystem development will be relatively stable and long-term. Investors receive 27%, interestingly with a 1-year lock-up period; immediately after the lock expires, 10% is unlocked, and the remaining portion is linearly unlocked over 2 years. This design both protects initial liquidity stability and provides investors with a reasonable exit window.
The team gets 22%, with an unlock mechanism similar to investors—1-year lock, then gradually released after unlocking. The community is allocated 10%, with a 4-year linear unlock, which is relatively lenient. The foundation directly holds 8%, which can be unlocked on the first day of launch as operational funds. Advisors are allocated the least, only 2%, also following a 1-year lock plus 2-year linear release scheme.
Additionally, there is a detailed design—GWEI distributed via community airdrops will be automatically staked for 30 days, serving as a locking mechanism for early participants to ensure initial ecosystem stability. Holders can then flexibly choose to lock GWEI for a period ranging from 1 week to 4 years to participate in governance via veGWEI. This mechanism appears to aim at balancing liquidity and governance incentives.