Wormhole token has witnessed a remarkable surge in proxy voting, with over 53.68 million votes cast. The top three entities entrusted with voting rights are Blockworks Research, Wormhole Foundation co-founder Dan Reecer, and crypto KOL olimpio.eth. This unprecedented level of engagement is a testament to the growing interest in Wormhole's governance model.

The recent launch of Stake For Governance has further amplified the excitement around Wormhole's governance initiative. This innovative approach requires W token holders to cross-chain their W tokens to EVM chain and 'stake' them for governance. This move is designed to empower token holders with a greater say in the direction of the Wormhole project.

The Wormhole Guardian, a safety feature designed to ensure the integrity of the Wormhole network, has also been implemented. This feature sets a daily transfer limit of 100 million W tokens from Solana to EVM chain. This limit is intended to prevent any potential disruptions to the network and ensure a smooth governance process.

The launch of Stake For Governance and the Wormhole Guardian highlights Wormhole's commitment to transparency and accountability. By providing token holders with a greater say in the governance of the project, Wormhole is demonstrating its dedication to building a community-driven ecosystem.

Ultimately, the record-breaking proxy voting and the launch of Stake For Governance and the Wormhole Guardian are significant milestones for Wormhole. These developments underscore the project's commitment to empowering its community and ensuring the long-term success of the Wormhole network.