Ethos announced it will launch the token WHUF and schedule a token auction for September 1.

According to official information, this auction will account for 20% of the total token supply and will include an 85% price protection mechanism. The starting Fully Diluted Valuation (FDV) is set at $1 million, with a cap of $99 million. The wide price range allows room for participants with different risk appetites.

As an on-chain reputation protocol, Ethos’ token issuance is widely seen by the market as an important signal of its ecosystem expansion. The auction mechanism, together with the price protection design, is intended to reduce entry risk for early participants, while using FDV upper and lower bounds to provide a valuation anchor for the token.

There is still a time window before the September 1 auction. Users interested in the on-chain identity and reputation track may want to watch for the release of further details.

#Ethos #链上声誉 #Token Auction