Cross-chain messaging protocol Wormhole has announced that nearly 400,000 wallets are eligible for the upcoming airdrop following ‘anti-sybil measures.’

In a blog post on Mar. 6, Wormhole revealed that 6.17% (617,305,000) of the W supply has been allocated among 397,704 wallets eligible for airdrop participation. The list of eligible addresses was not disclosed, but Wormhole mentioned that 500,000,000 W tokens were allocated for active addresses across 30+ blockchains, with approximately 117,305,000 W for community members, such as Wormhole Discord users.

Priority was given to users based on their engagement with the Wormhole protocol, volume of messages and transfers, consistency of use, and participation in ecosystem applications. A snapshot of users’ on-chain activity was taken on Feb 6, covering data from nearly 30 blockchains and over 200 ecosystem applications. The airdrop is exclusively for the community, with core contributors excluded from participation.

Earlier, Wormhole allocated 1.7 billion W tokens (17% of total supply) for community airdrop and launch, with an initial circulating supply of 1.8 billion tokens. The remaining 82% of tokens will be initially locked, with plans for gradual unlocking over four years.

Established in 2021, Wormhole is a cross-chain protocol focusing on interoperability and communication among different blockchain networks. In 2023, the protocol secured a $225 million funding round at a $2.5 billion valuation, with investors like Coinbase Ventures, Multicoin Capital, and Jump Trading.

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