Wormhole is a fully generic, cross-chain message transfer protocol designed to facilitate interoperability between heterogeneous blockchains beginning with Ethereum, Solana, Terra and Binance Smart Chain.
The rewards for staking rewards program period 1 is now live. The SRP period 2 has also begun.
Step-by-Step Guide:
A total of 58,415 addresses have qualified for rewards, marking a significant milestone in Wormhole’s efforts to incentivize participation and governance.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
Wormhole airdrop details
As predicted in our potential airdrop overview, Wormhole has airdropped 674,800,000 W tokens for the airdrop. Users who have participated in Wormhole ecosystem chains, applications, or the community for almost three years are eligible for the airdrop. Wormhole Discord users, various NFT communities, the Monad community, Magpie users and the top 10,000 Pyth stakers are also eligible.The rewards for staking rewards program period 1 is now live. The SRP period 2 has also begun.
Step-by-Step Guide:
Wormhole airdrop claim ended
- The Wormhole airdrop claim has ended.
- Users were able to review their airdrop eligibility by connecting wallets.
- Users who participated in Wormhole ecosystem chains, applications, or the community for almost three years were eligible for the airdrop.
- Wormhole Discord users, various NFT communities, Monad community, and the top 10,000 Pyth stakers wee also eligible.
- Several factors were checked to determine the eligibility, including the length of their engagement with the Wormhole protocol, the cumulative volume of messages and transfers, and consistency of use throughout the protocol’s lifespan, as well as participation in applications within the ecosystem.
- The snapshot was taken on February 6, 2024, at 23:59 UTC.
- Magpie users who have engaged in cross-chain swaps using the Magpie dApp, with a total volume of $5,000 or higher, were also eligible for the airdrop.
Wormhole staking rewards program 2 begins
The Wormhole Staking Rewards Program (SRP) has released its first round of rewards, with over 50,000,000 W tokens allocated to eligible stakers. These rewards recognize the contributions of token holders who staked their W for governance on EVM chains and Solana during SRP Period 1, which ran from June 10, 2024, to the snapshot date of January 8, 2025, at 00:00 UTC.A total of 58,415 addresses have qualified for rewards, marking a significant milestone in Wormhole’s efforts to incentivize participation and governance.
- Visit the Wormhole staking rewards program page.
- Connect your wallet.
- The SRP period 2 has also begun.
- Eligible participants can now claim their SRP Period 1 rewards via the W Dashboard.
Rewards Qualification Framework
EVM Chains
- Eligibility Criteria: Users must have delegated W to a non-null address during SRP Period 1.
- Rewards Calculation:
- Rewards are based on the product of W holdings and days staked (W x days).
- Users must have accrued at least 25,000 W x days to qualify.
- Example: Holding 1,000 W for 100 days equals 100,000 W x days.
- Additional Rewards: Users who claimed the Discord “Steakorrrs” role receive an additional fixed reward.
Solana
- Eligibility Criteria: Users must have staked W through the designated program between December 4, 2024, and January 8, 2025.
- Rewards Calculation:
- Fixed rewards for maintaining a minimum balance of 100 W.
- Additional rewards for users who accrued at least 25,000 W x days during the staking period.
What’s Next?
SRP Period 2
The second reward period has already begun, offering stakers another opportunity to earn W tokens. By staying staked, participants can continue to accumulate rewards and contribute to Wormhole’s governance and development.You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
- Airdrop Link: Go to airdrop
- Total value: 674,800,000 W
Airdrop confirmed
- Platform: solana