Token W in 2025: Your Voice and Share in the Future of Wormhole! 🗳️💎
The native token W is a central element of the Wormhole ecosystem by July 2025. Its main functions include:
Governance: W holders participate in the decentralized governance of the protocol through Wormhole DAO (Decentralized Autonomous Organization). They can vote on adding/removing blockchain connections, contract upgrades, adjusting fees, and expanding the set of Guardian nodes.
Staking: W holders can stake their tokens to support the protocol's operations and earn rewards. This encourages long-term commitment and contributes to network stability.
Compensation for Guardian Nodes: In the future, W tokens may be used to reward Guardian nodes for their role in verifying cross-chain messages.
Access to Products: Some Wormhole products may offer enhanced access or functionality for W holders.