Hassan Maishera
On Wednesday, the Wormhole team announced via a blog post that W staking is now live for W holders on Solana and EVM chains: Ethereum, Arbitrum, Optimism, and Base.
Furthermore, users can now access a new W Dashboard as part of a larger Wormhole Staking Rewards Program (SRP), an ongoing governance rewards program designed to reward W holders for their participation and support in shaping Wormhole's future.
The W Dashboard allows W holders to actively manage their staking and governance participation within the Wormhole ecosystem. Users can stake their W to earn rewards, view detailed staking metrics, and track unlocked or locked rewards.
Once MultiGov goes live in Q1 2025, the dashboard will also provide comprehensive governance tools, allowing users to review, vote on proposals, and monitor delegate performance. Additionally, real-time metrics such as transaction volumes, blockchain integrations, and app usage ensure holders stay informed about the Wormhole ecosystem’s constant growth.
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 $0.3745, up 3% in the last 24 hours.
