Ethos Network unveils WHUF tokenomics ahead of Sept. 1 auction

Decentralized reputation protocol Ethos Network has published tokenomics for WHUF, its native token designed to power staking for credibility vouching, reputation market trading, and protocol fee payments. WHUF has a fixed total supply of 10 million tokens, with allocations including team at 28.94%, contributor rewards at 18%, token sale at 20%, early investors at 11.06%, foundation treasury at 10%, ecosystem development at 5%, and the remaining 7% split between bounty programs and XP bonuses. A total of 2 million WHUF, representing 20% of the supply, will be sold through the auction on Sept. 1. The price range implies a fully diluted valuation between $1 million and $99 million. Ethos Network aims to build a decentralized system for establishing reputation through social and economic interactions, where the WHUF token enables users to stake for vouching credibility, trade reputation in markets, and pay protocol fees. The approach seeks to bootstrap liquidity and community engagement while focusing on long-term development.

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