The rewards from Wormhole Staking Rewards Program (SRP) Period 2 are now available for eligible W holders to claim via the W Dashboard. Similar to Period 1, SRP Period 2 acknowledges the continued contributions of token holders who've staked their W for governance on EVM chains and Solana between 1/8/2025 00:00:00 and the snapshot on 6/6/2025 00:00:00. Over 50,000,000 W has been allocated for this reward period. There are 52,958 addresses that have qualified for rewards in SRP Period 2.
__The next reward period has already begun, and rewards are accumulating. __
Claim Your Rewards Now
Visit the W Dashboard to check your staking status, review your rewards, and manage your W holdings.
- Claim unlocked rewards directly from the W Dashboard.
- Stay Staked: Keep your W staked to participate in governance and future community programs.
Rewards Qualification Framework
After the initial 20% unlock, all rewards will vest linearly over 90 days.
Delegator Reward
All qualifying users must be staked at snapshot and have been delegated to any non-null address during SRP2. Rewards for SRP 2 were calculated by multiplying a user's W balance by the number of days a user was delegated. If the user met the minimum qualifying threshold, they are eligible for rewards.
Eligible users will have accrued at least 30,000 W held x days during SRP Period 2. For example, if a user delegates 100 days before the snapshot and holds 1000 W for that duration, they will have 100,000 W x days (1000 W multiplied by 100 days).
Voter Reward
In addition to the delegator reward, any user that had a stake that participated in the first 2 governance proposals will receive an additional linear reward. All qualifying users must have delegated to an address that voted in either WIP-1 or WIP-2. This includes self-delegation if the user voted themselves. Users must have contributed to the vote, meaning a non-zero balance delegated when the proposal snapshots were taken. Users who did not delegate to someone who voted on either WIP1 or WIP2 will be prompted to delegate to a qualifying voter before they can claim their voter rewards.
Eligible users will have accrued at least 30,000 W held x days during SRP Period 2. For example, if a user delegates 100 days before the snapshot and holds 1000 W for that duration, they will have 100,000 W x days (1000 W multiplied by 100 days).
Solana
Solana stakers accumulated points equally in both the original staking program, as well as the migrated MultiGov program. However, only stakers in the MultiGov program would have been able to delegate and therefore have been eligible for the “Voter Reward”. Those that are still staked to the original staking program are highly encouraged to migrate to MultiGov in order to be considered for future SRPs. Solana users who have not migrated from the legacy staking program to the official MultiGov program will need to complete the migration process before claiming rewards.
Building Momentum with Each Period
Staking W represents a commitment to participation in the evolution of Wormhole Governance, platform, and ecosystem.
Here's why staking continues to matter:
- Governance: By staking W for governance and delegating, holders remain eligible to participate in Wormhole Governance, adding their voice to critical decisions that will define the future of the leading interoperability platform.
- Earn Rewards: Qualifying W stakers can receive ongoing community incentives for active participation designed to recognize and amplify their contributions to Wormhole. SRP Period 2 has just concluded, distributing over 50 million W in rewards.
Why Stay Staked?
The SRP is designed to recognize long-term commitment and contributions to improving Wormhole. With ~858,000,000 W tokens allocated for community incentives, the SRP will continue to expand as Wormhole Governance grows.
Wormhole Governance allows W holders to create, vote on, and execute proposals across chains, leading to new verticals for community-driven innovation. Future staking benefits may also include access to new Wormhole products, exclusive incentives, and the ability to help shape the future of Wormhole for Governance participants.
Visit the W Dashboard now to claim your rewards and continue staking. Help Wormhole connect every app, institution, asset, and person onchain.
About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 40 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap. To date, the platform has facilitated the transfer of over 60 billion dollars through over 1 billion cross-chain messages. To learn more about Wormhole, follow on X, join the Discord, or read more on the blog.