Odaily Planet Daily News: The cross-chain protocol Wormhole has announced that Wormhole DAO will be launched in the first quarter of 2025. To participate in the first vote, W holders must complete governance staking. The Wormhole Staking Reward Program (SRP) is currently ongoing, supporting Solana and all EVM chains, with the first reward pool (Reward Period 1) allocating no less than 50 million W tokens. Previously, Wormhole announced the official launch of its W staking reward program (SRP). Users can now stake W on Solana and EVM chains, including Ethereum, Arbitrum, Optimism, and Base. Reward Period #1 is now open and can be traced back to June 6, 2024, when W staking began on EVM chains, offering a reward pool of at least 50,000,000 W. The program operates through the newly launched W Dashboard, where users can manage staking, view detailed metrics, and track rewards. After the initial reward period, the program will transition to a regular reward period. Of the initial 1.7 billion W (17% of the supply), approximately 858,000,000 W is currently reserved for the community. The W staking reward program is designed to be a continuous initiative to encourage ongoing participation within the Wormhole ecosystem. Over time, new features and utilities will deepen the value of participation. Wormhole has stated that it plans to launch a multi-chain governance system, MultiGov, in the first quarter of 2025, marking the beginning of Wormhole DAO, where users can delegate, propose, and vote on Solana and EVM chains.

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