#Wormhole Rewards are now open.#
Hot Topic Overview
Overview
Wormhole's first Staking Reward 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 both EVM chains and Solana between June 10, 2024, and January 8, 2025. To be eligible for rewards, EVM chain users need to have a minimum of 25,000 W token days, while Solana users need to maintain a minimum stake of 100 W tokens from December 4, 2024, to January 8, 2025. All rewards will vest linearly over 90 days after unlocking. Meanwhile, the second SRP has already begun.
Ace Hot Topic Analysis
Analysis
Wormhole's first Staking Reward 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. Eligibility requirements include a minimum of 25,000 W token days for EVM chain users and a minimum of 100 W staked during the period of December 4, 2024, to January 8, 2025, for Solana users. All rewards will vest linearly over 90 days after unlocking. Meanwhile, the second SRP has already begun. Wormhole's Staking Reward Programs aim to reward early users and encourage more participation in Wormhole's ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Wormhole Phase 1 Staking Reward Program is now open for claiming, over 50 million W tokens will be distributed to eligible addresses.
This program is for early token holders who staked on EVM chains and Solana between June 10, 2024 and January 8, 2025.
Eligibility requirements are that EVM chain users must have at least 25,000 W tokens per day, while Solana users must maintain a stake of at least 100W between December 4, 2024 and January 8, 2025.
Phase 2 of the staking reward program has already begun.