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W Airdrop Explained: Ecosystem Builders

Mar 29, 2024

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2 min read

https://images.ctfassets.net/n8aw1cra6v98/3d9vTrQTEm7PipSTDSxMDs/579b955ce8d170a1643762812022fac4/w-airdrop-explained.png

Wormhole's suite of open source, permissionless protocols and tools are being used by the multichain builders of over 200 applications and more than 1 million unique wallets to move various types of data across over 30 blockchains. The platform is currently integrated with teams like AMD, Uniswap, Circle, Lido, Synthetix, Pyth, Pancakeswap, Jupiter, Backpack, and many more. The introduction of W will further support and reward the growth of an already thriving ecosystem built on Wormhole.

As part of this W Airdrop, approximately 16,100,000 W has been allocated towards Ecosystem Builders to underscore the commitment to fostering a thriving community of developers building on Wormhole. You can read about the complete tokenomics of the W Airdrop here. Please visit our ecosystem page for more details about our ecosystem and the initiatives underway.

The launch of W is structured to significantly decentralize protocol stakeholders right from the start, with a supply of 10 billion tokens and an initial circulating supply of 1.8 billion distributed as SPL tokens on Solana. The allocation spans various categories, including Ecosystem & Incubation, Community & Launch, among others, ensuring a broad-based distribution that supports Wormhole's long-term vision for success, stability, and further decentralization.

Thank you to all the builders who have been with us over the past few years since Wormhole started in 2020. Let’s continue to work together to push the limits of multichain.

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THIS IS NOT AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO PURCHASE ANY W, AND IS NOT AN OFFERING, ADVERTISEMENT, SOLICITATION, CONFIRMATION, STATEMENT OR ANY FINANCIAL PROMOTION THAT CAN BE CONSTRUED AS AN INVITATION OR INDUCEMENT TO ENGAGE IN ANY INVESTMENT ACTIVITY OR SIMILAR. YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, INVESTMENT, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL.

THIS DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING AND/OR PROJECTED FIGURES WHICH ARE NOT GUARANTEED AND ARE SUBJECT TO CHANGE; ACTUAL NUMBERS MAY VARY. WORMHOLE MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. THE CONTENT HEREIN IS NOT ERROR-FREE AND MAY CONTAIN INCORRECT INFORMATION. YOU AGREE AND ACKNOWLEDGE THAT ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM WORMHOLE FOUNDATION, WILL BE CONSTRUED TO CREATE ANY WARRANTY OR REPRESENTATION NOT EXPRESSLY MADE HEREIN. FOR ADDITIONAL INFORMATION, PLEASE REFER TO THE TERMS OF SERVICE AND THE AIRDROP TERMS.