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Wormhole has completed the voting proxy designation of 53.68 million tokens

On June 9th, according to information on the Tally page, the Wormhole token has completed the designated voting agency with a total of 53.68 million votes. Blockworks Research, Wormhole Foundation co-founder Dan Reecer, and crypto KOL olimpio.eth are the top three delegates. On June 6th, Wormhole announced the launch of Stake For Governance, where W token holders need to cross-chain their W tokens to the EVM chain and stake tokens to participate in governance. At the same time, as a security feature of the Wormhole Guardian, the daily transfer limit of W tokens from Solana to the EVM chain is 100 million tokens.

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