The Department of Government Efficiency (DOGE) is still operating and recently rebuked a report that claimed it “did not exist.” DOGE’s latest social media post, on November 23, said it had terminated several “wasteful” contracts, yielding $335 million in savings. DOGE Has Not Been Terminated, Continues Fighting ‘Waste, Fraud, and Abuse’ The Facts The Department […]
Source: https://news.bitcoin.com/doge-launches-lazarus-signal-rebukes-disbandment-reports/
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
