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

Owlto Finance, an intent-centric cross-chain interoperability protocol, today announced its OWL token economic model. The official statement indicates that OWL will serve as the core token of the multi-chain interoperability ecosystem, used for protocol governance, revenue distribution, and cross-chain fee discounts, driving the free flow of users, builders, and asset liquidity across the network. Its initial circulating supply is 16.5%. Of this, 15% will be airdropped, 22% will go to the community, 10.33% to the ecosystem, 2.5% to the marketplace, 7.5% to provide liquidity, 7% to exchange airdrops, 15.67% to investors, 15% to the team, and 5% to advisors. Team, investor, and advisor tokens all have a 12-month lock-up period.