Wormhole announces Token 2.0 upgrade, with revenue contributions to be used for W reserves

ChainCatcher News, according to official sources, Wormhole has announced a Token 2.0 upgrade. The announcement states that Wormhole will introduce on-chain and off-chain protocol revenue and value generated by Wormhole, Wormhole Portal, and ecosystem applications into W, with the proceeds contributed to the Wormhole Reserve.

In addition, Wormhole 2.0 redefines yield. W holders who continuously contribute to governance will soon begin to receive more stable returns. While staking rewards are variable, holders can earn higher rewards by becoming active users of ecosystem applications. The yield will come from a combination of the existing token supply and protocol revenue. W will not introduce inflation. The total supply cap remains at 10 billion.

Regarding unlocking, starting from October 3, 2025, the unlocking frequency of W will change from a large annual fluctuation to once every two weeks, making it smoother and more predictable. As a result, market resilience is enhanced, coordination between contributors and investors is improved, and a healthier overall environment is created.

Extension of the lock-up schedule: Wormhole contributors ensure that investors and Guardian validators comply with the protocol for an additional six months until October 2028. Although core contributor tokens will be unlocked every two weeks in WF, all agreements with these entities will still follow the original annual unlocking schedule.