Wormhole has completed the voting proxy designation of 53.68 million tokens

Odaily News According to the tally page information, 53.68 million Wormhole tokens have completed voting proxy designation. Blockworks Research, Dan Reecer, co-founder of the Wormhole Foundation, and crypto KOL olimpio.eth are the top three in terms of delegated voting rights. On June 6, Wormhole announced the launch of Stake For Governance, and W token holders need to cross-chain W to the EVM chain and "stake" tokens to participate in governance. At the same time, as a security feature of Wormhole Guardian, the daily transfer limit of W tokens from Solana to the EVM chain is 100 million.