WOO ecosystem locks up remaining $45 million tokens, ushering in a new era of decentralized treasury management

Deep Tide TechFlow News, on September 4th, according to the official blog, the $WOO ecosystem announced that the remaining $45 million worth of $WOO tokens will be locked in the treasury, marking the official end of its token supply phase and the beginning of a new era of decentralized treasury management. Since the beginning of the token economy reform in 2023, $WOO has been committed to building a stable and sustainable token supply system. The decision to lock all reserved tokens this time stems from $WOO's profound reflection and adjustment of the token economic model. Ben Yorke, Vice President of the $WOO ecosystem, stated that the new token unlocking mechanism will be closely linked to two key milestones: the effective implementation of the token governance mechanism and the achievement of the fully diluted market value (FDV) target.

This innovative model aims to address the inflation issues caused by traditional time-based unlocking and ensure that token release is linked to the actual performance of the project and the level of community governance. Yorke emphasized that, given the recent overspending events of the Ethereum Foundation and Polkadot, reducing uncertainty and promoting decentralized regulation have become the current best practices. In the current market environment, investors are increasingly focusing on the fundamentals of token economics, and this move by $WOO is expected to attract more investors seeking projects with low supply surplus risks and transparent governance structures.