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News Explorer — Wormhole Now Allows W Token Staking and Governance Participation

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Jun 11, 2:50 am
Coindesk

Wormhole Now Allows W Token Staking and Governance Participation

Wormhole, the blockchain interoperability protocol, has announced that holders of its W token will now be able to stake with the Tally Governance Portal. This will give them the opportunity to participate in governance and have a say in the future direction of the Wormhole DAO and platform. The update is part of Wormhole's efforts to decentralize through MultiGov, a multichain governance system for DAOs on Solana, Ethereum mainnet, and EVM L2s.

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