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$verse SOL conspiracy disk virtual reality
Virtuals launches audit agent IRIS on Ethereum
93 out of the top 100 traders on Pump are bots
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Wormholeâs native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto marketâs bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocolâs governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.âThe goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,â the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more