PANews, November 26th - Gate US officially launched its new Staking feature today, providing users with a more convenient and secure way to participate in on-chain networks. This feature supports direct access to designated blockchain staking networks, clearly demonstrating the reward mechanism set by the on-chain protocol, and adopting industry-standard security practices. Users can participate in on-chain activities in a transparent and controllable environment, with all rewards generated automatically by the underlying blockchain protocol. This launch marks a further improvement in Gate US's product portfolio, bringing users more diverse value-added tools. Gate US now holds a total of 31 licenses, and its compliant business coverage has expanded to 42 US jurisdictions. Gate US stated that it will continue to expand its supported assets and optimize its revenue structure to provide users with a wider range of product choices, while adhering to a compliant, secure, and reliable development path, striving to create high-quality crypto asset services that meet local regulatory requirements.PANews, November 26th - Gate US officially launched its new Staking feature today, providing users with a more convenient and secure way to participate in on-chain networks. This feature supports direct access to designated blockchain staking networks, clearly demonstrating the reward mechanism set by the on-chain protocol, and adopting industry-standard security practices. Users can participate in on-chain activities in a transparent and controllable environment, with all rewards generated automatically by the underlying blockchain protocol. This launch marks a further improvement in Gate US's product portfolio, bringing users more diverse value-added tools. Gate US now holds a total of 31 licenses, and its compliant business coverage has expanded to 42 US jurisdictions. Gate US stated that it will continue to expand its supported assets and optimize its revenue structure to provide users with a wider range of product choices, while adhering to a compliant, secure, and reliable development path, striving to create high-quality crypto asset services that meet local regulatory requirements.

                                                                               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