#Wormhole staking rewards have been distributed.#
Hot Topic Overview
Overview
The Wormhole cross-chain protocol's first Staking Rewards Program (SRP) is now open for claim, with over 50 million W tokens to be distributed to 58,415 eligible addresses. The program is for early token holders who staked on EVM chains and Solana between June 10, 2024, and January 8, 2025, and is allocated based on the user's staking duration and amount. Meanwhile, the second phase of Wormhole's SRP has also officially commenced. Users can visit w.wormhole.com for more details.
Ace Hot Topic Analysis
Analysis
Wormhole's first Staking Rewards Program (SRP) is now open for claiming, with over 50 million W tokens being distributed to 58,415 eligible addresses. The program is for early token holders who staked on EVM chains and Solana between June 10, 2024 and January 8, 2025. Reward eligibility requires EVM chain users to have at least 25,000 W tokens staked daily, while Solana users must have maintained a stake of at least 100 W from December 4, 2024 to January 8, 2025. All rewards will be linearly vested over 90 days after unlocking. Meanwhile, the second Staking Rewards Program has already begun. This move aims to reward early users for their support of Wormhole and encourage more users to join the Wormhole ecosystem.
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Public Sentiment
Discussion Word Cloud
Classic Views
Wormhole Phase 1 staking reward plan is now open for claiming, over 50 million W tokens will be distributed to eligible addresses.
The plan targets early token holders who staked on EVM chains and Solana between June 10, 2024 and January 8, 2025.
Eligibility requirements require EVM chain users to reach at least 25,000 W token days, while Solana users must maintain a stake of at least 100W between December 4, 2024 and January 8, 2025.
All rewards will be linearly vested over 90 days after unlocking, Phase 2 staking reward plan has already begun.