WOO X fee switch activated: Every trade shares fees with $WOO stakers until Feb 6

As we further move away from inflationary rewards in 2025, we’re offering additional rewards to $WOO stakers—0.1 bps from all spot and perp trading volumes on WOO X, in the hopes of better aligning with the WOO community and token holders to create mutually beneficial outcomes.

From Jan. 23 to Feb. 6, every trade on WOO X will see the reward pool grow, which will be transferred to WOO Stake for distribution following the event.

This campaign is a key step in our broader vision to maximize WOO staking utility and value accrual. During the campaign, WOO X will monitor user engagement, sentiment, and token metrics to better optimize WOO's alignment within the ecosystem. Aiming to make WOO one of the few tokens in crypto with true utility and value capture across CeFi and DeFi, future iterations could explore adjustments to the program and potential experiments with other value capture methods.

Recent efforts by WOO X to reduce inflation have significantly lowered the amount of WOO emissions allocated to staking rewards. In Q4, WOO X was distributing 40K WOO per day as staking rewards, contributing to inflation. Since the migration, this amount has been reduced by over 60%, now at 15K WOO per day, and set to go completely emission-free by the end of Q1. The difference is offset by onchain staking yields, which are generated from WOOFi protocol fees in USDC. These are distributed via permissionless smart contracts, with the majority used to auto-compound via buying back WOO on decentralized exchanges. Overall, this reduction helps ensure a healthier, more sustainable inflation rate, estimated at a maximum of 4.5% for 2025.

We grow, WOO wins

By shifting to a sustainable real yield model, we take another step toward a deflationary future for WOO. We’re continuously exploring ways to enhance value accrual to the $WOO token, aiming to bring more direct benefits to our community and create flywheels that encourage the WOO community to drive growth via referrals, campaigns, and other forms of empowerment.

Also coming this quarter, WOO X traders will enjoy tiered benefits and fee discounts simply by holding WOO in the exchange spot wallet—no lockups, just seamless utility. Manage your benefits through the upcoming My WOO portal, which will combine cumulative holdings across staking, earn products, and eventually self-custody wallets.

These initiatives are part of our ongoing effort to transition to a sustainable, value-driven ecosystem, positioning WOO X as a platform that truly rewards its most engaged users.

---------------->Trade now<--------------

Disclaimer

The changes in the WOOX  staking mechanism described in this blog post represent potential future developments and are provided for informational purposes only. These descriptions are not guarantees, commitments, or promises regarding future functionality or features. The actual implementation, timing, and specific details of any changes to the staking mechanism may differ substantially from those described here or may not occur at all.

Users should not rely on this information for investment decisions or other purposes. Any participation in staking activities carries inherent risks, and users should conduct their own research and exercise due diligence before engaging in any staking activities. We reserve the right to modify, adjust, or entirely change any aspects of the staking mechanism at our sole discretion, with or without prior notice.

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.