PANews reported on November 26th that Gate will officially launch its 14th "Crazy Wednesday" event from 16:00 on November 26th to 16:00 on November 30th (UTC+8). Users can unlock mystery blind boxes by completing designated tasks and win luxury prizes such as GT, Hennessy XXO, Hennessy XO, and Hennessy Paradis, with a 100% chance of winning. The event also includes a 3-day USDT fixed-term investment with an additional 5,000 GT prize pool, offering an annualized return of up to 16%, and new users can enjoy a 200% annualized return.



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