• 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

Fear and Greed Index Drops: Impact of Trump's Tariffs on Crypto Market

The Fear and Greed Index fell to 25 after Trump's tariff announcement, impacting the crypto market.

user avatarGiorgi Kostiuk

9 minutes ago

Galaxy Digital Strengthens with FCA License for UK Derivatives Trading

Galaxy Digital secures FCA license for UK derivatives trading, bolstering its position in the digital asset market.

user avatarGiorgi Kostiuk

10 minutes ago

Arctic Pablo Coin: Leading Meme Coin of 2025

Arctic Pablo Coin ($APC) is a promising meme coin with a unique narrative. We explore its potential and compare it to SPX6900.

user avatarGiorgi Kostiuk

10 minutes ago

AI Brings Back Voice to Paralysis Patient After Stroke

AI restores speech to paralyzed patient, creating new avenues in medicine and communication.

user avatarGiorgi Kostiuk

10 minutes ago

Brain implants by Neuralink seek global trial participants

Elon Musk seeks quadriplegic patients for testing its brain-computer interface.

user avatarGiorgi Kostiuk

11 minutes ago

Remittix: A New Hope for Ethereum and Polygon Investors in 2025

Remittix attracts attention with its utility, raising over $14.3 million in presale.

user avatarGiorgi Kostiuk

30 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.