Wormhole has introduced W tokens for staking Solana-based tokens on Jito and then staking them in Kamino’s liquidity pool with JitoSOL. Users can earn weekly returns of over 999%, receiving more than 3,300 W tokens and 666 JTOs daily, totaling $7,000 at current rates, along with profits from transaction fees.

Investors have the opportunity to gain massive returns through the newly launched W token by Wormhole. By pairing W with JitoSOL (JTO) and locking them in Kamino’s liquidity pool, users can enjoy significant rewards and a share of transaction fees. The current pool capacity limit stands at $7.5 million, with around $5 million assets locked in the pool. Recent data reveals $6 million transaction volume in the last 24 hours, generating $17,000 in fee revenue.

JitoSOL is distributed to users who stake SOL tokens on Jito, a Solana-based protocol. Wormhole’s W token, introduced on April 3rd with a market value of $3 billion, allows token transfers between different blockchains. Although the W token price has decreased by about 30% since its launch, it remains highly anticipated for its utility and benefits.