According to official news, Wormhole released a roadmap, which states that W will become a native multi-chain token, leveraging the unique advantages of Solana and EVM chains, while introducing a multi-chain governance system. Plans for W include:
- Will initially launch as the native SPL token on Solana;
-Scaling on the EVM chain using Wormhole Native Token Transfer (NTT);
-W holders will be able to lock and delegate their tokens on the Solana and EVM chains.
Wormhole DAO is composed of W token holders and will be operated through a multi-chain governance system. The system will be available on Solana, Ethereum mainnet, and EVM L2 at launch. Multi-chain governance will allow token holders to create, vote and execute governance proposals across different chains.