Interoperability platform Wormhole is set to launch its highly anticipated token airdrop at 7:30 a.m. ET today.
The airdrop will allow eligible users to claim a total of 678,823,000 Wormhole tokens, accounting for 6.78% of the total supply of 10 billion tokens.
Approximately 400,000 wallets will be eligible to participate in the airdrop.
The distribution is based on a snapshot taken on February 6, which includes users across Wormhole’s Portal bridge and ecosystem apps on 30 different Wormhole-connected blockchains.
Out of the total airdrop allocation, 117 million tokens have been reserved for specific groups, including Wormhole Discord members, Monad community members, Pyth stakers, and holders of NFT collections such as Bad Kids, DeGods, Mad Lads, and y00ts.
These individuals must also be registered on the project’s Discord platform.
The Wormhole token is both a native ERC20 token and a native Solana SPL token.
It is estimated to have an initial circulating supply of 1.8 billion tokens.
Following the completion of the airdrop claims, the token is expected to be listed on centralized and decentralized exchanges.
Binance will list the token for trading at 8 p.m. ET, with trading pairs against bitcoin and stablecoins.
$W @wormhole #airdrop claim
Pre-market price: 1.46$/1W
Airdrop claim will be live today at 11:30 AM UTC (14:30 RO TIME) https://t.co/qD6U2BPI3p $W will launch on 10 CEXes at 12 AM UTC (15:00 RO TIME) Congrats!
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