Wormhole token has completed the voting delegation with 53.68 million tokens designated. According to Odaily Star Daily, the voting rights of these tokens are mainly entrusted to Blockworks Research, Wormhole Foundation co-founder Dan Reecer, and crypto KOL olimpio.eth. In addition, Wormhole announced the launch of the Stake For Governance feature on June 6, requiring W token holders to cross-chain their tokens to the EVM chain and participate in governance. To ensure security, the daily transfer limit of W tokens from Solana to the EVM chain is set at 100 million tokens.

According to the information on the Tally page, 53.68 million Wormhole tokens have been voted for proxy designation. Blockworks Research, Wormhole Foundation co-founder Dan Reecer, and crypto KOL olimpio.eth are the top three delegates entrusted with voting rights. On June 6th, Wormhole announced the launch of Stake For Governance, where W token holders need to cross-chain W to the EVM chain and "stake" tokens to participate in governance. Additionally, as a security feature of the Wormhole Guardian, the daily transfer limit of W tokens from Solana to the EVM chain is 100 million.

Wormhole token completed 53.68 million voting proxies designated and launched the Stake For Governance feature.