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Wormhole has completed voting delegation for 53.68 million tokens

2024-06-09 16:11:05

ChainCatcher news, according to the tally page information, 53.68 million Wormhole tokens have completed voting delegation. Blockworks Research, Wormhole Foundation co-founder Dan Reecer, and crypto KOL olimpio.eth are the top three in delegated voting rights.

On June 6, Wormhole announced the launch of Stake For Governance, requiring W token holders to bridge W tokens to the EVM chain and "stake" tokens to participate in governance. Meanwhile, as a security feature of Wormhole Guardian, the daily transfer limit of W tokens from Solana to the EVM chain is set at 100 million tokens.

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