According to Techub News, the cross-chain protocol Wormhole announces that Wormhole DAO will go live in the first quarter of 2025. To participate in the first vote, W holders must complete governance staking.
The Wormhole Staking Rewards Program (SRP) is currently underway, allowing users to stake W on Solana and EVM chains including Ethereum, Arbitrum, Optimism, and Base. The first reward pool (Reward Period 1) will allocate no less than 50 million W tokens.
Wormhole indicates 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.