The cross-chain protocol Wormhole has announced the airdrop of its native token. 

Using the ticker "W," the token will have a maximum supply of 10 billion with an initial "circulating supply" of 1.8 billion, according to a release. The digital assets will be divide among the following groups: guardian nodes, community and launch, ecosystem and incubation, core contributors, strategic network participants and the foundation treasury.

Wormhole added that 82% of the tokens will be initially locked and then release over the course of four years. The protocol will utilize the native ERC-20 and SPL token formats, also according to the release.

Last November, Wormhole closed a $225 million funding round, netting the firm a $2.5 billion valuation. Its backers include Brevan Howard, …