Hassan Maishera
On Wednesday, the Wormhole team announced via a blog post that MultiGov, the first-of-its-kind multichain governance system, is now live on Solana, Ethereum mainnet, Base, Arbitrum, Optimism, and any supported EVM L2.
Built by Wormhole, Tally, and Scopelift, MultiGov enables token holders to create, vote on, and execute governance proposals on any supported chain, removing fragmentation and boosting engagement by meeting community members where they are.
Wormhole's Governance will be the first to implement MultiGov, enabling W holders to seamlessly delegate and participate in governance proposals on Solana, Ethereum, and supported EVM L2s.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.0787, down 5% in the last 24 hours.
