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Wormhole unveils strategic reserve to accumulate W token
Wormhole's strategic reserve could enhance W token's stability and appeal, potentially strengthening its cross-chain ecosystem influence.
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Updated 1:24 p.m. ET
Wormhole introduced a strategic reserve designed to accumulate value into its W token, according to a blog post published today.
The cross-chain protocol announced the initiative as part of its tokenomics strategy.
The W token serves as Wormhole’s native digital asset within its interoperability ecosystem that connects multiple blockchain networks.