Wormhole has announced a Token 2.0 upgrade, and the revenue contribution will be used for the W Reserve.

BlockBeats News, September 17th, Wormhole announced the Token 2.0 upgrade, stating that Wormhole will introduce on-chain and off-chain protocol revenue and value generated by Wormhole, Wormhole Portals, and ecosystem applications into W, with the proceeds contributed to the Wormhole reserves.

Furthermore, Wormhole 2.0 redefines rewards. W holders who continue to contribute to governance will soon begin to receive more stable rewards. While Staking rewards are variable, holders can earn higher rewards by being active users of ecosystem applications. Rewards will come from a combination of the existing token supply and protocol revenue. W will not introduce inflation. The total supply cap remains at 10 billion.

Regarding unlocking, starting from October 3, 2025, the unlock frequency of W will change from a significant fluctuation once a year to bi-weekly, making it more stable and predictable. The result is enhanced market resilience, improved coordination between contributors and investors, and the creation of a healthier overall environment.

Extension of Lockup Schedule: Wormhole contributors ensure that investors and Guardian Validators adhere to the protocol for an additional 6 months beyond October 2028. While core contributor tokens will unlock WF every two weeks, all agreements with these entities will still follow the original annual unlocking schedule.