Wormhole announced an update to its W 2.0 token economics model, introducing the Wormhole Reserve, a strategic reserve fund that locks both on-chain and off-chain protocol revenue to lock up W tokens and support their long-term value. This new mechanism preserves variable staking rewards while increasing revenue opportunities for governance participants and ecosystem application users. Furthermore, starting in October, Wormhole plans to replace the previous annual cliff release with biweekly small releases. (TheBlock)