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Wormhole announces a token 2.0 upgrade, and revenue contribution will be used for W reserves

Source: ChainCatcher
According to ChainCatcher, according to official news, Wormhole announced the upgrade of token 2.0. The announcement stated that Wormhole will introduce the on-chain and off-chain protocol revenue and value generated by Wormhole, Wormhole Portal and ecosystem applications into W, and contribute the income to Wormhole reserves. Additionally, Wormhole 2.0 redefined the earnings. W holders who continue to contribute to governance will soon start to gain more stable returns. While the rewards of staking are variable, holders can receive higher rewards by becoming active users of ecosystem applications. The revenue will come from a combination of existing token supply and agreement revenue. W will not introduce inflation. The total supply cap is still 10 billion pieces. In terms of unlocking, starting from October 3, 2025, the unlocking frequency of W will be changed from a large fluctuation every year to a biweekly, making it more stable and predictable. The result is enhanced market resilience, improved coordination between contributors and investors, and created a healthier overall environment. Extended lockdown schedule: Wormhole contributors ensure investors and Guardian validators comply with the agreement for an additional 6 months until October 2028. Although the core contributor tokens will unlock WF every two weeks, all agreements with these entities will continue to follow the original annual unlock schedule.
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