PANews
PANews|Aug 21, 2026 02:31
[Ethos to Launch WHUF Token Auction on September 1, Tokenomics Confirmed with No Airdrop Allocation] On-chain reputation project Ethos Network has announced that it will conduct a WHUF token auction on September 1. The auction will supply 20% of the total token supply, with a starting FDV of $1 million, a cap of $99 million, and an 85% price guarantee. Contributors with XP and referred users will receive additional rewards, and users can now register to participate. Ethos has disclosed the tokenomics in its whitepaper: 40% allocated to the team and early supporters, 60% to the community. Within the community allocation, 20% is designated for token sales, 2% for the XP Bonus Pool, 5% for ecosystem development, 10% for the foundation treasury, 5% for bug bounties, and 18% for contributor rewards. Tokens for early supporters will be locked for 24 months (with a 6-month cliff), while team tokens will be locked for 4 years (with a 1-year cliff).
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