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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