• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

New WOO X Reward System for Stakers: What's Changing?

user avatar

by Giorgi Kostiuk

2 months ago


The WOO X platform has announced the introduction of a new reward system for $WOO token holders, moving away from inflationary rewards by 2025.

New Staking Rewards System at WOO

From January 23 to February 6, each transaction on WOO X will increase the reward pool, which will later be distributed via WOO Stake. This change aims to enhance interaction with the community and token holders, creating mutually beneficial outcomes.

Inflation Reduction and Revised Rewards

In the last quarter, inflation in WOO token emissions for rewards decreased by over 60%. Now, 15,000 WOO is distributed daily, with plans to reduce this to zero by the end of the first quarter. Incoming revenue will be generated through WOOFi protocols, distributed through smart contracts.

Future Initiatives and Benefits

WOO X continues to adapt its ecosystem, offering benefits to traders holding WOO on the platform. The company aims to create a sustainable and value-driven ecosystem.

WOO X's initiatives aim to establish a sustainable model that brings additional value to the WOO token holder community.

0

Share

Other news

Eric Trump on the Future of Cryptocurrencies and Their Role in Finance

Eric Trump highlighted the significance of cryptocurrencies in finance, sparking a wide-ranging industry response.

user avatarGiorgi Kostiuk

7 minutes ago

Crypto Community's April Fools’ 2025 Highlights: Greenland and SBF Jokes

Crypto enthusiasts celebrated April Fools’ with pranks of Greenland purchase rumors and Sam Bankman-Fried's supposed keynote.

user avatarGiorgi Kostiuk

7 minutes ago

Troller Cat: A New Chance After Missing Fartcoin

Explore the new crypto project Troller Cat after missing out on Fartcoin. Discover its potential for success.

user avatarGiorgi Kostiuk

8 minutes ago

Arctic Pablo Coin: A Meme Coin's Path to Success

Arctic Pablo Coin stands out with unique features and rising interest, poised to become a significant player in the meme coin arena.

user avatarGiorgi Kostiuk

17 minutes ago

The Future of Cardano, Dogecoin, and BlockDAG: Forecasts and Achievements

Price analysis for Cardano, Dogecoin formation, BlockDAG innovations: a brief overview for 2025 and beyond.

user avatarGiorgi Kostiuk

18 minutes ago

XRP's April Rally Chances Remain Slim

Polymarket bettors see only a 2% chance of XRP hitting a new high in April. The cryptocurrency remains under pressure.

user avatarGiorgi Kostiuk

28 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.