As the industry seeks alternatives to speculative token launches and bridge-dependent infrastructure, Wire introduces a liquidity-first approach designed to stabilize networks at the foundational level
LOS ANGELES, CA, Jan 27 — Wire Network, the startup developing the Universal Transaction Layer (UTL), launches its Liquidity Creation Offering (LCO), a new model for community-driven liquidity. The LCO is designed to support the network’s upcoming mainnet launch as the sole mechanism through which participants can access $WIRE ahead of the Token Generation Event (TGE), expected in Q2 2026. As part of the rollout, Wire has opened staking contracts for ETH and SOL and enabled early access to $WIRE pre-tokens at pre-launch pricing.
The launch comes at a moment when the industry is rethinking how networks raise liquidity and scale. Traditional token sales and speculative launches have struggled to create stable ecosystems, and bridge vulnerabilities have resulted in significant losses. Wire’s LCO is designed as a transparent, participatory, and community-driven model that builds network value through sustainable liquidity rather than short-term speculation.
Through the LCO, participants who stake ETH or SOL earn rewards in the form of $WIRE pre-tokens, and 100% of proceeds from both staking rewards and the pre-token sale flow directly into Wire’s protocol-owned liquidity pool.
“The LCO is built for long-term value,” said Ken DiCross, Co-Founder and CEO of Wire Network. “Participants retain ownership of their staked assets while gaining early access to $WIRE. As liquidity grows, the network becomes stronger, and we move closer to activating the full UTL.”
Wire enters its launch phase with strong early ecosystem validation, nearing $20 million in equity and proprietary node sales, with support from more than 50 companies committed to building on the network and support from partners such as Yuga Labs, Red Beard Ventures, Prota Ventures, GDA Capital, and longtime industry figure Michael Terpin. These groups were among the earliest to align behind Wire’s liquidity-first architecture, viewing the Universal Transaction Layer as a necessary alternative to bridge-dependent interoperability models.
The company is also supported by strategic leadership from WallStreetBets founder Jaime Rogozinski, who joined Wire as Chief Strategy Officer to help guide market positioning and community engagement. Wire Network recently appointed Jon Glanz, a former Meta product and engineering leader who played a key role in the rise of Oculus VR, as Chief Product Officer. In this role, Glanz is overseeing product readiness and the transition into Wire’s launch phase, bringing experience from building consumer-scale platforms that operate at global volume.
Once Wire reaches the liquidity threshold required to support system-wide operations, the network will transition to mainnet. At that time, all $WIRE pre-tokens convert 1:1 into native $WIRE, and Wire will begin releasing the first products built on the UTL following the Token Generation Event.
Meanwhile, Node ownership is central to Wire’s model. Each node helps secure the network and owners earn rewards in Wire’s native token. As the company continues to build the financial rails that unify the fragmented blockchain ecosystem, node owners will be able to sell compute power, turning participation into an opportunity to generate revenue as the network scales.
“Our focus is delivering a launch-ready network that developers can trust from day one,” said Jon Glanz, Chief Product Officer. “The LCO enables us to enter mainnet with the depth, stability, and cross-chain functionality required for the Universal Transaction Layer to operate at global scale.”