WhiteBit (WBT)
Unlock Schedule
WhiteBit (WBT) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the WhiteBit (WBT) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence WBT price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
WhiteBit tokenomics were designed to drive long‑term usage rather than short‑term hype. Core elements include:
Fixed supply and issuance
- Max supply: 400,000,000 WBT; minting is disabled in the audited smart contract. (audits.hacken.io)
- Treasury reserve: 200,000,000 WBT locked for phased release, supporting ecosystem growth over several years. (coinmarketcap.com)
- Private and public launches: 54 million WBT sold in a private sale; 1 million via the exchange IEO. Unlocks were staged to reduce market shocks. (blog.whitebit.com)
Deflationary mechanics
- Weekly burns use a formula based on platform revenue: 33% of trading fees and 5% of other exchange income are allocated to buy and burn WBT. The long‑term goal is to reduce supply significantly over time. (help.whitebit.com)
Utility across the ecosystem
WBT is used to:
- Reduce trading fees (up to 100% maker discounts at higher tiers).
- Boost referral rewards.
- Enable daily free ETH/ERC‑20 withdrawals for holders at set tiers.
- Serve as gas on Whitechain.
- Provide access or boosts to ecosystem products such as Launchpad events, Earn programs, and other exchange benefits. (coinmarketcap.com)
These features shape common user behavior: long‑term holders often monitor WBT price, lock or “hold” tokens on the exchange to secure perks, and bridge some WBT onto Whitechain to cover on‑chain transactions. (docs.whitechain.io)
Assumptions
- Treasury/fund vesting start modeled as 2023-11-13 through 2026-11-13.
WhiteBIT states vesting starts after the final private-sale unlock but does not publish exact dates in text; widely referenced secondary sources indicate a November 2023 start and observed periodic unlock events align with mid-month dates.
- Team and Company token amounts modeled as 12M and 30M respectively.
Official materials mention Team and Company tokens unlocking in the final round but differ on percentages; the amounts used are from secondary listings that sum consistently to the 375M non-burn supply.
- Private sale vest modeled as linear over 5 months after a 3-month cliff.
Official blog specifies 3-month lock then 20% per month for 5 months; exact day modeled as the 13th (per vesting calendars).
- Burns excluded from release schedules.
25M WBT sent to burn address at/near TGE and ongoing weekly buyback-and-burn reduce supply but do not introduce tokens into circulation.
- No ongoing PoW/PoS issuance modeled.
Whitechain uses PoA; network fees and SoulDrop redistribute existing WBT without minting new tokens.
- 1. https://whitebit.com/wbt
- 2. https://whitebit.com/burn
- 3. https://blog.whitebit.com/en/whitebit-token-unlock-procedure/
- 4. https://help.whitebit.com/hc/en-gb/articles/17190215630493-All-about-WBT-Coin
- 5. https://blog.whitebit.com/en/whitebit-token-release-details/
- 6. https://docs.whitechain.io/wb-soul/souldrop
- 7. https://dropstab.com/coins/whitebit-token/vesting
- 8. https://www.coincarp.com/events/whitebit-token-startup-free-offering-on-gateio/
- 9. https://blog.whitebit.com/en/meet-our-own-blockchain-wb-network/
Allocations
Description
#18
WhiteBit is a crypto-to-fiat exchange that operates in Europe and offers various products and tools for traders and investors. WhiteBIT allows users to buy and sell cryptocurrencies with fiat currencies, as well as access features like crypto lending, margin trading, and token listing.
| Sector: | CEX |
| Blockchain: | Ethereum |