Wormhole announces the Token 2.0 upgrade, with revenue contributions going to the W reserve

ChainCatcher news, according to official sources, Wormhole has announced a Token 2.0 upgrade. The announcement states that Wormhole will bring on-chain and off-chain protocol revenues and values generated by Wormhole, Wormhole Portal, and ecosystem applications into W, and will contribute the earnings to the Wormhole reserve.

In addition, Wormhole 2.0 redefines earnings. W holders who continuously contribute to governance will soon start receiving more stable returns. While staking rewards are variable, holders can earn higher rewards by becoming active users of ecosystem applications. Earnings will come from a combination of the existing token supply and protocol revenues. W will not introduce inflation. The total supply cap remains at 10 billion tokens.

Regarding unlocking, starting from October 3, 2025, the unlocking frequency of W will change from a significant annual fluctuation to every two weeks, making it smoother and more predictable. The result is enhanced market resilience, improved coordination between contributors and investors, and a healthier overall environment.

Extended lock-up schedule: Wormhole contributors ensure that investors and Guardian validators adhere to the protocol for an additional 6 months before October 2028. Although core contributor tokens will unlock every two weeks, all agreements with these entities will still follow the original annual unlocking schedule.