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Understanding the Bitget Wallet roadmap and BWB tokenomics

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BWB is the official ecosystem token of Bitget Wallet and the system token of the Bitget Onchain Layer.

Introduction

 
About Bitget Wallet and BWB
Since its establishment in 2018, Bitget Wallet has been deeply involved in the crypto space for six years. Starting as a wallet, Bitget Wallet has evolved into an aggregator encompassing native features like a multi-chain wallet, Swap, Smart Money, Launchpad, Inscription Center, and Earn Center. It has gradually expanded from a tool to a platform and evolved from a portal to an ecosystem.
 
As a gateway to Web3 and foundational infrastructure in the industry, Bitget Wallet is committed to addressing user pain points and fulfilling their needs, allowing for more convenient and seamless interaction with the Web3 ecosystem.
 
Bitget Wallet is not just a Web3 wallet for the Bitget exchange but an on-chain extension of the entire Bitget ecosystem and its decentralized future. The synergy with Bitget's ecosystem resources, complemented by the advantages of both on-chain and off-chain integration, is a crucial element in building the Bitget Onchain Layer.
 
BWB is the official ecosystem token of Bitget Wallet and the system token of the Bitget Onchain Layer.
 
BWB Use Cases
BWB has various use cases within the Bitget Wallet ecosystem:
  • Community governance
  • Staking
  • Payment of gas fees on multiple chains after the launch of the account abstraction wallet;
  • Eligibility to participate in Bitget Wallet’s Launchpad and Bitget Exchange promotions;
  • Eligibility to participate in Fair Launchpool and GetDrop airdrop promotions;
  • Eligibility for Bitget Onchain Layer ecosystem project airdrops.
 
BWB allocation
Bitget Wallet is committed to supporting the development of a multi-chain ecosystem. Likewise, BWB follows a similar approach, initially being deployed on Ethereum, Solana, and Base chains, with plans for gradual expansion to other chains.
 
The total supply of BWB is 1 billion tokens, distributed as follows:
 
  • Private investors — 10% 10% of the BWB supply will be allocated to private investors. These tokens will be locked for 12 months after the TGE and will then be linearly unlocked over 12 months.
  • Public sale — 1.1 % 1.1% of the BWB supply will be allocated through a public sale, with 0.1% of the tokens being offered on Bitget Wallet’s Launchpad platform.
  • Pre-TGE airdrop — 5% 5% of the BWB supply will be allocated to the pre-TGE airdrop promotion, where participants who earned BWB points can exchange them for BWB.
  • BKB holders — 3% 3% of the BWB supply will be allocated to holders of BKB, which are platform points issued by BitKeep, the predecessor of Bitget Wallet. With a total supply of 600 million BKB, and 1 billion BWB, each 6 BKB can be exchanged for 10 BWB.
  • Team — 10% 10% of the BWB supply will be allocated to Bitget Wallet team members to incentivize team building and attract top talent. These tokens will be locked for 12 months after TGE and will then be linearly unlocked over 36 months.
  • Ecosystem development — 18% 18% of the BWB supply will be used for ecosystem development such as the Bitget Onchain Layer. These tokens will be linearly unlocked after the TGE. This allocation will support ecosystem growth, investment incubation, and cooperative incentives to advance Bitget Wallet toward Bitget Onchain Layer.
  • Staking incentives — 6% 6% of the BWB supply will be used to incentivize users for staking BWB.
  • Community treasury — 46.9% 46.9% of the BWB supply will be allocated to the community treasury to support platform user growth and community incentives. Of this, 6.9% will be released during the BWB TGE to meet marketing and liquidity needs, with the remaining tokens being linearly unlocked over time.
 
BWB release schedule
BWB will be distributed and released according to the following schedule over five years.

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