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Wormhole: Stake for Governance currently only supports EVM chains

Wormhole: Stake for Governance currently only supports EVM chains

CointimeCointime2024/06/12 12:01
By:Cointime

Wormhole stated that although the Stake for Governance function uses the MultiGov multi-chain governance system, it currently only supports EVM chains (Ethereum, Arbitrum, Optimism, Base), and support for Solana will be added later. Currently, users who want to participate in W staking governance must transfer their W on Solana to any supported EVM chain through Wormhole NTT. Users need to follow the instructions in the Wormhole governance portal to complete the transfer or transfer their W to a supported EVM chain in advance through the Portal Bridge.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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