Techub News reports that the cross-chain protocol Wormhole has announced that the Wormhole DAO will be launched in the first quarter of 2025, and W holders need to complete governance staking to participate in the initial vote.
The Wormhole staking rewards program (SRP) is underway, and users can now stake W on Solana and EVM chains including Ethereum, Arbitrum, Optimism, and Base. The first reward pool (Reward Period 1) will allocate no less than 50 million W tokens.
Wormhole states that it plans to launch the multi-chain governance system MultiGov in the first quarter of 2025, marking the beginning of the Wormhole DAO, where users can delegate, propose, and vote on Solana and EVM chains.
