According to CoinDesk, the blockchain interoperability protocol Wormhole will allow its W token holders to stake through the Tally Governance Portal, giving them the opportunity to participate in governance and influence the future direction of the Wormhole DAO and the platform. This update marks an important step towards decentralization for Wormhole through MultiGov, the first multi-chain governance system adopted by DAOs on Solana, Ethereum mainnet, and EVM L2s. Wormhole stated in the statement that Wormhole DAO will be the first project to adopt MultiGov, enabling W token holders to create, vote, and execute governance proposals on any supported chain.