PANews, November 24th - According to OKX market data, the top gainers of the day are: AR at $3.94 (up 3.47%), SATS at $0.0000000178 (up 3.24%), AAVE at $168.33 (up 1.99%), ILV at $7.35 (up 1.41%), and GLM at $0.198 (up 1.02%). Conversely, the top losers are: STRK at $0.147 (down 5.26%), FET at $0.274 (down 5.08%), RON at $0.185 (down 3.78%), AEVO at $0.047 (down 2.79%), and ZK at $0.0380 (down 2.79%).


Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more
