Ethos is set to launch the WHUF token auction on September 1, offering 20% of the token’s total supply through a four-day public auction.
The sale will feature an 85% price guarantee mechanism, with the token launching at a starting fully diluted valuation (FDV) of $1 million and a maximum FDV of $99 million.
Participants will also have opportunities to earn additional bonuses based on their Contributor XP and referral activity.
WHUF Auction Timeline
Registration for the auction opened on August 18. The auction will officially begin on September 1 at 4 PM GMT+3 and conclude on September 4 at 8 PM GMT+3.
Following the auction, locked WHUF tokens will be transferred to participants on September 8, beginning the eligibility period for the price guarantee.
The guarantee period will remain open until October 8, when WHUF tokens are scheduled to become fully transferable.
85% Price Guarantee
During the guarantee eligibility period, participants can vouch for credible individuals within their network. These endorsements can help qualifying users become eligible for Ethos’ 85% price guarantee.
The structure combines token distribution with community participation, allowing contributors and referrals to play a role in determining eligibility for the guarantee.
With 20% of the total WHUF supply being offered through the auction, the sale will represent a significant initial distribution event for the Ethos ecosystem.
