Wormhole’s Tokenomics: A New Era for Governance and Value in Crypto
Wormhole just made some moves, huh? They’ve announced updated tokenomics that include a new reserve and better staking rewards. Sounds like they’re trying to take a swing at improving governance in decentralized finance. But does this really bode well for the long-term value of their native token? Let’s unpack this.
What’s New in Wormhole’s Tokenomics?
For those not in the know, Wormhole is an interoperability protocol that helps you shift assets between blockchains. Now, they’re saying they’ve got a W reserve that’s getting funded by protocol fees and revenue, plus a 4% base yield for staking. This is a pretty big deal because it means stakers can actually allocate their voting power to delegates. If you’re into crypto…
