WOO ecosystem announced the locking of 45 million dollars worth of WOOToken to avoid inflation and enhance market confidence.

2024-09-04 09:52:08

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Odaily Planet News WOO announced today that the undistributed $45 million WOO Tokens will be locked in the treasury, marking the formal end of the WOO Token supply phase and heralding the arrival of a new era of Decentralization treasury management. The locking of all reserved Tokens is intended to ensure that the release of Tokens is linked to the actual performance of the project and the level of community governance, thus avoiding potential inflation risks and enhancing market confidence. The new Token economic structure reflects WOO’s commitment to transparency and decentralization, ensuring that all future development and decisions will be made with active community participation. This lays the foundation for WOO’s continued rise and innovation.

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