Cross-chain interoperability protocol Owlto unveils token economics with an initial circulating supply of 16.5%

Odaily reports that Owlto Finance, an intent-centric cross-chain interoperability protocol, today announced the OWL token economic model. The official statement indicates that OWL will serve as the core token for the multi-chain interoperability ecosystem, used for protocol governance, revenue distribution, and cross-chain transaction fee discounts, driving the free flow of users, builders, and asset liquidity across networks.

Its initial circulating supply is 16.5%. Of this, 15% will be allocated to airdrops, 22% to the community, 10.33% to the ecosystem, 2.5% to marketing, 7.5% to liquidity provision, 7% to exchange listings/airdrops, 15.67% 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.