Wormhole unveils strategic reserve to accumulate W token

Wormhole launches strategic reserve aimed at bolstering W token value, expands tokenomics plans for cross-chain ecosystem.

Key Takeaways

• Wormhole announced the creation of a strategic reserve aimed at supporting the value of its native W token.
• The reserve is part of a broader tokenomics initiative by Wormhole to enhance utility and value within its cross-chain protocol ecosystem.

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Wormhole introduced a strategic reserve designed to accumulate value into its W token, according to a blog post published today.

The cross-chain protocol announced the initiative as part of its tokenomics strategy.

The W token serves as Wormhole’s native digital asset within its interoperability ecosystem that connects multiple blockchain networks.

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