# \[BIP-597\] Claim Wormhole (W) tokens

**URL:** <https://forum.balancer.fi/t/bip-597-claim-wormhole-w-tokens/5721>\
**Category:** General Proposal\
**Created:** [April 26, 2024, 11:51am UTC](https://forum.balancer.fi/t/bip-597-claim-wormhole-w-tokens/5721 "2024-04-26T11:51:41Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![0xDanko](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/0xdanko/32/1376_2.png) [@0xDanko](https://forum.balancer.fi/u/0xDanko)\
**Post date:** [April 26, 2024, 11:51am UTC](https://forum.balancer.fi/t/bip-597-claim-wormhole-w-tokens/5721/1 "2024-04-26T11:51:41Z")

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> Overview

During the Wormhole TGE, the relationships with the business development team secured the Balancer DAO with an allocation of 100,000 W tokens (worth aprox. $60,000 at the time of writing), claimable through the Balancer OpCo executor wallet (eoa). The tokens are now claimable and transferable, and having them on an EVM eoa was a request from the Wormhole team.

This proposal seeks to authorize OpCo for the claim and swap the tokens for stablecoins.

 ![](https://canada1.discourse-cdn.com/flex027/uploads/balancer/original/2X/e/ea09df41d0e8fc331313439cff1a643db542e31d.jpeg)

> Specification

This proposal authorizes Balancer OpCo Limited executor to interact with the Wormhole frontend [https://airdrop.wormhole.com/](https://airdrop.wormhole.com/) using (eoa) wallet `0x122AFb4667C5f80e45721a42C7c81e9140C62FA4` and follow procedures to claim tokens into a Solana address. Governance hereby authorizes the swapping of claimed tokens into stablecoins (pref USDC) at any time and bridging to the OpCo multisig `0x3B8910F378034FD6E103Df958863e5c684072693`.

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<div class="post-metadata">

**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [April 30, 2024, 8:33am UTC](https://forum.balancer.fi/t/bip-597-claim-wormhole-w-tokens/5721/2 "2024-04-30T08:33:48Z")

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I am in support of this proposal given the resulting stable funds will be used for DAO activities

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**Author:** ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)\
**Post date:** [May 1, 2024, 8:13am UTC](https://forum.balancer.fi/t/bip-597-claim-wormhole-w-tokens/5721/3 "2024-05-01T08:13:25Z")

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[https://snapshot.org/#/balancer.eth/proposal/0x9ba0835b58414db8db361edb00710e9a84a81d408d0d823bede010a8a356d310](https://snapshot.org/#/balancer.eth/proposal/0x9ba0835b58414db8db361edb00710e9a84a81d408d0d823bede010a8a356d310)

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<div class="post-metadata">

**Author:** ![0xDanko](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/0xdanko/32/1376_2.png) [@0xDanko](https://forum.balancer.fi/u/0xDanko)\
**Post date:** [May 10, 2024, 12:44pm UTC](https://forum.balancer.fi/t/bip-597-claim-wormhole-w-tokens/5721/4 "2024-05-10T12:44:47Z")

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This was executed, proceeding `$64,035.09 USDC` to OpCo’s account on Kraken (minus fees).

> **[Account | Solscan](https://solscan.io/account/65JNmuuMXAZK81znNBaZGbaPUTXRqBq8DMT37oMU87Lx#splTransfers)**
>
> View transactions, balances and other info of account