Summary
TLDR: The crypto world is abuzz over the upcoming W governance token airdrop from Wormhole, spanning Solana, Ethereum, and beyond. Some are unhappy with the wallet selection process and token allocation. Wormhole published a post detailing the airdrop process to clear up confusion. Over 400,000 unique wallets are now eligible. The airdrop heavily rewards early and active users. Community groups like DeGods and y00ts NFT holders will receive tokens, with Mad Lads NFT holders getting more due to their contributions to the protocol. The W token is currently trading at $1.58. No timeframe for token launch has been announced.
Key Points
1. The upcoming W governance token airdrop from Wormhole is causing excitement in the crypto world, but there are concerns about the wallet selection process and token allocation.
2. Wormhole has provided detailed information about the airdrop process to address any confusion and ensure transparency. The team aims to reward legitimate users of the cross-chain protocol and key multi-chain community groups.
3. Different community groups, such as DeGods and y00ts NFT holders, will receive varying amounts of W tokens in the airdrop. The allocation is based on factors like user activity, contributions to the protocol, and community engagement.