Cross-Chain Interoperability Protocol Owlto Unveils Token Economics, Initial Circulation at 16.5%

Odaily News According to an official announcement, Owlto Finance, an intent-centric cross-chain interoperability protocol, today revealed the economic model for its OWL token. The official statement indicates that OWL will serve as the core token for its multi-chain interoperability ecosystem, utilized for protocol governance, revenue distribution, and cross-chain transaction fee discounts, aiming to facilitate the free flow of users, builders, and asset liquidity across networks.

Its initial circulation is set at 16.5%. The allocation is as follows: 15% for airdrops, 22% for the community, 10.33% for the ecosystem, 2.5% for marketing, 7.5% for liquidity provision, 7% for exchange airdrops, 15.67% allocated to investors, 15% to the team, and 5% to advisors. Tokens allocated to the team, investors, and advisors are subject to a 12-month lock-up period.