Wormhole launches strategic W token reserves funded by on-chain and off-chain protocol revenue

Wormhole is updating its token economics, introducing new strategic reserves to safeguard the value of W tokens, and direct on-chain and off-chain revenues to its entire ecosystem. The plan introduces a 4% base yield that comes from existing supply and protocol revenues, and maintains a 10 billion token cap regardless of inflation, and changes the annual cliff-style unlock to unlock every two weeks to relieve market pressure. Currently, the total amount of W tokens in circulation is 4.7 billion, with a trading price of about US$0.093, up 7%.