ETHGas announced the GWEI distribution and lock-up plan, with 31% allocated to the ecosystem and a linear unlocking period of 10 years

The ETHGas Foundation disclosed the detailed allocation and lock-up plan for the governance token GWEI, with a total supply of 10 billion tokens, of which:

• Ecosystem allocation 31%, will undergo a 10-year linear unlock;
• Investor allocation 27%, includes a 1-year lock-up period (10% unlocked immediately after the period) and a 2-year linear unlock;
• Team allocation 22%, includes a 1-year lock-up period (10% unlocked immediately after the period) and a 2-year linear unlock;
• Community allocation 10%, will undergo a 4-year linear unlock; Foundation allocation 8%, unlocked on the first day of launch;
• Advisor allocation 2%, includes a 1-year lock-up period (10% unlocked immediately after the period) and a 2-year linear unlock.

In addition, GWEI distributed through community airdrops will be automatically staked for 30 days at launch to ensure early contributors participate in governance. Holders can choose to lock GWEI for a period ranging from 1 week to 4 years in exchange for veGWEI.