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BTC $68,783.62 +4.94%
ETH $2,042.84 +6.39%
BNB $617.04 +1.69%
XRP $1.41 +3.64%
SOL $84.55 +9.57%
TRX $0.2813 +1.17%
DOGE $0.0964 +5.76%
ADA $0.2720 +4.60%
BCH $552.11 +9.89%
LINK $8.77 +6.07%
HYPE $31.13 +5.47%
AAVE $119.05 +8.07%
SUI $0.9730 +7.17%
XLM $0.1649 +6.26%
ZEC $271.73 +18.36%

wormhole

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.

Quai Network achieves multi-chain through Wormhole, $QUAI/$QI supports native cross-chain

ChainCatcher news, according to official sources, Quai Network has announced its official integration with Wormhole.Quai will leverage Wormhole's core messaging layer to achieve seamless asset transfers from over 40 chains to its scalable PoW ecosystem, and will promote $QI and $QUAI for multi-chain native deployment through Wormhole's NTT (Native Token Transfers) standard. Quai is the world's first energy-based monetary system network, composed of sharded EVM-compatible blockchains, utilizing an innovative Proof-of-Entropy-Minima (PoEM) consensus, claiming to reach 255,000 TPS without sacrificing decentralization.$QUAI is the native token, while $QI is a decentralized "energy dollar," aimed at creating a stable, low-fee environment for payment, DeFi, SocialFi, NFT, and other scenarios. Wormhole NTT (Native Token Transfers) is an open and composable multi-chain native token transfer standard that enables token cross-chain migration without relying on traditional cross-chain liquidity pools, preserving the metadata and supply characteristics of tokens, and reducing transaction fees and operational complexity.It is reported that this integration signifies a significant enhancement in ecological interoperability: users will be able to more conveniently use $QUAI and $QI directly on more mainstream chains, developers can build dApps in a multi-chain environment using native tokens, reducing the burden of bridging and liquidity management, and ecological applications will find it easier to integrate with existing wallets and infrastructure, thereby promoting the usability and popularity of Quai and expanding its influence across the entire crypto ecosystem.
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