GWEI token officially launched, airdrop shares automatically staked for 30 days to attract attention

LayerZeroHero · 2026-01-19T09:42:42+00:00

The ETHGas Foundation has confirmed the complete configuration plan for the GWEI governance token, with a total supply of 10 billion tokens. It adopts a multi-dimensional distribution covering the ecosystem, investors, team, and community participants, with lock-up and release mechanisms to ensure long-term commitment. Holders can participate in governance flexibly by staking to obtain governance weight.

LayerZeroHero

2026-01-19 09:42:42

Abstract generation in progress

The ETHGas Foundation has officially confirmed the complete configuration plan for its governance token GWEI. This plan covers all details from token release to staking mechanisms and is of significant reference value for community members participating in airdrops and subsequent governance.

GWEI Total Supply and Distribution Framework

The total supply of GWEI is set at 10 billion tokens. The foundation employs a multi-dimensional distribution scheme to balance the interests of different participants. Among them, the ecosystem receives 31% of the allocation, with a 10-year linear release schedule, ensuring long-term support for ecosystem development. Investors receive 27%, with an initial 1-year lock-up period, after which 10% is immediately unlocked, and the remaining portion is gradually released over 2 years.

Team allocation accounts for 22%, also adopting a mechanism of 1-year lock-up followed by an immediate 10% release, then linear unlocking over the next 2 years. This design aims to ensure the long-term commitment of team members.

Community and Early Contributor Incentive Arrangements

GWEI distributed to the community via airdrops will automatically enter a 30-day staking period upon token launch, a mechanism that particularly favors early contributors. The community allocation itself accounts for 10% of the total supply, with a 4-year gradual release schedule.

The foundation directly allocates 8%, which is immediately unlocked on the first day of launch. Advisors receive 2%, following a similar release logic as investors—after a 1-year lock-up, 10% is immediately unlocked, with the remaining released linearly over 2 years.

Staking and Governance Participation

It is worth noting that holders have flexible governance participation options. GWEI can be locked for periods ranging from 1 week to 4 years, during which the tokens will automatically convert into veGWEI, thereby gaining corresponding governance weight. This mechanism encourages long-term holders to participate more deeply in project governance while retaining flexibility for short-term participants.

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