PANews, December 4th - According to OKX market data, the top gainers of the day are: CORE at $0.121, up 8.79%; ZK at $0.0384, up 7.71%; CRV at $0.418, up 6.29%; LEO at $9.793, up 4.35%; and ETH at $3202.69, up 3.77%. Conversely, the top losers are: ZRO at $1.386, down 2.33%; SHIB at $0.00000893, down 1.92%; COMP at $34.38, down 1.43%; GLM at $0.229, down 1.37%; and FET at $0.259, down 0.92%.


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
