Ethos will launch the WHUF token auction on September 1st, starting at a Floor Determined Value (FDV) of $1 million.

BlockBeats News, August 20th: According to official sources, the on-chain reputation protocol Ethos Network announced that it will start the WHUF token auction on September 1st, planning to sell 20% of the total token supply. This auction sets a 85% price protection mechanism, with a starting fully diluted valuation (FDV) of $1 million and a maximum valuation cap of $99 million.

In addition, Ethos will provide additional rewards for contributors' XP and referred participants. Users can complete the registration in advance to participate in the WHUF token auction and related incentive activities.