Core Staking Rewards Update Launch
JUN
08
Event date
Sunday 08 June 2025, UTC
Event description
Set to go live a few days after the May 30, 2025 snapshot, this update lets Cardano-native $WMTX stakers claim rewards securely via a new platform built with SundaeSwap. Previously, rewards were processed centrally; now, users gain full control, aligning with DeFi’s ethos of decentralization. This applies only to Cardano-based $WMTX, not EVM tokens, with full details dropping next week (World Mobile Chain X Post, May 30, 2025).
Recent News
World Mobile has been on a roll! In March 2025, they expanded their decentralized network to two new African regions, connecting over 50,000 users to affordable internet. They also secured a $10M grant from the Cardano Foundation to scale operations, boosting their mission to bridge the digital divide (Cardano Foundation Blog, April 2025). This staking update builds on their 2022 partnership with SundaeSwap, a leading Cardano DEX, to enhance liquidity and DeFi access.
Future Plans
Looking ahead, World Mobile aims to integrate staking into their new worldmobile.io platform by Q3 2025, streamlining user experience. They’re also planning to introduce NFT-based staking boosts for EarthNode NFT holders, potentially increasing rewards by up to 20% (World Mobile Token Website, 2025).
Onchain Data
While specific staking metrics for $WMTX aren’t publicly available, Cardano’s staking ecosystem shows strong growth, with over 1.2M wallets staking $ADA as of May 2025, a 15% increase since January (Cardano Blockchain Insights, 2025). $WMTX likely benefits from this trend, given its Cardano-native status.
Community Sentiment
X users are buzzing with excitement! Posts like “Stake and make some serious cake” (@CardanoBoyADA) and “Can’t wait to take control of my rewards” (@DaveCrypto91) reflect positive vibes. Some, like @CLGasU22Up, raised concerns about naming clarity, but overall sentiment is optimistic.
Why It Matters
This update could drive more $WMTX staking, boosting network security and user engagement on Cardano. With the SEC’s recent stance that proof-of-stake isn’t a security, staking projects like this face fewer regulatory hurdles, making it a safer bet for investors (SEC Statement, May 2025).
Risk Disclaimer: Ensure your wallet is secure when claiming rewards to avoid phishing risks.
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