Cross-chain interoperability protocol Owlto announces tokenomics, with an initial circulating supply of 16.5%

According to Odaily, the intent-centric cross-chain interoperability protocol Owlto Finance has announced the OWL tokenomics today. The official statement notes that OWL will serve as the core token for the multi-chain interoperable 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.

The initial circulating supply is 16.5%. Of this, 15% will be allocated for airdrops, 22% for the community, 10.33% for the ecosystem, 2.5% for marketing, 7.5% for providing liquidity, 7% for exchange airdrops, 15.67% for investors, 15% for the team, and 5% for advisors. Tokens allocated to the team, investors, and advisors will be subject to a 12-month lock-up period.