Uniswap

Wormhole

Bitcoin

ERC20

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/wormhole-introduces-airdrop-during-bitcoins-peak-performance">Wormhole Introduces Airdrop During Bitcoin’s Peak Performance</a><br></p>
<p style="text-align: justify">As <a href="https://en.bitcoinhaber.net/expert-analyst-predicts-potential-bitcoin-surge-in-may">Bitcoin</a> approaches its all-time high value, Wormhole seizes the moment to reveal its airdrop, aligning with the market’s rising momentum. Typically, airdrops might not garner significant attention during bearish trends; nonetheless, Wormhole’s timing could not be more strategic. This move by the protocol aims to capture heightened market interest and participation.</p> 
<h2 id="wormhole-s-role-in-the-crypto-ecosystem">Wormhole’s Role in the Crypto Ecosystem</h2> 
<p style="text-align: justify">Wormhole operates as a conduit among diverse blockchain networks, enabling the seamless exchange of multifaceted data. By bridging over 30 distinct networks, it has enabled the transmission of over a billion pieces of data, benefitting applications including Uniswap and Circle. Presently, the platform is transitioning towards a decentralized model, necessitating the distribution of tokens to empower voting mechanisms within its governance.</p> 
<h2 id="details-of-the-airdrop">Details of the Airdrop</h2> 
<p style="text-align: justify">Eager participants are curious about the specifics of the airdrop. Wormhole will issue its W token in both ERC20 and SPL formats, covering five different networks: <a href="https://en.bitcoinhaber.net/crypto-whale-invests-48-million-in-ethereum-amid-anticipation-of-us-spot-bitcoin-etf-approval">Ethereum</a>, <a href="https://en.bitcoinhaber.net/solana-a-rising-star-in-the-crypto-world">Solana</a>, Arbitrum, Optimism, and Base. The initial circulating supply of W tokens is set at 1.8 billion, with a cap of 10 billion tokens. A total of 617,305,000 W tokens, equating to 6.17% of the total supply, will be distributed across 397,704 wallets.</p> 
<p style="text-align: justify">Further allocation includes 500 million W tokens reserved for active users across the Wormhole ecosystem’s 30+ blockchains. Community members, including those in Wormhole’s Discord, various NFT communities, the Monad community, and Pyth stakers, will collectively receive approximately 117,305,000 W tokens. The distribution’s foundation was established through a meticulously taken snapshot of eligible holders.</p> 
<p style="text-align: justify">This strategy by Wormhole could not only drive engagement in its platform but also potentially catalyze broader participation in the crypto market during a period of peak investor enthusiasm.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/wormhole-introduces-airdrop-during-bitcoins-peak-performance">Wormhole Introduces Airdrop During Bitcoin’s Peak Performance</a></h5>

Wormhole Introduces Airdrop During Bitcoin’s Peak Performance

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