Wormhole’s New Staking Opportunity
June 9, 2024
One of the leading interoperable platforms, Wormhole, has launched the “Stake For Governance” feature, allowing W token holders to participate in the Wormhole DAO and influence the platform’s future direction. However, they need to bridge their W tokens from Solana to an EVM chain. Introducing staking for governance is a significant step towards decentralizing Wormhole through MultiGov, the industry’s first multichain governance system for Solana, Ethereum mainnet, and EVM layer 2 DAOs.
