According to a report from Deep Tide TechFlow on March 25, WOO X today announced the launch of the My WOO system, along with a major overhaul of WOO Staking, which will replace inflation-based staking rewards with a share of trading fees, providing users with real returns.
According to Ben Yorke, Vice President of the WOO ecosystem, the main changes of the new system include:
<ul>
<li>
Cancellation of inflation-based staking rewards, replaced by earnings derived from actual trading fees from WOO X and WOOFi
</li>
</ul>
<ul>
<li>
Users gain rights by holding or staking, based on the average daily total holdings of WOO in Spot, Vault, yield farming, and Staking
</li>
</ul>
<ul>
<li>
Cancellation of the 7-day lock-up period, standard withdrawals free of fees, with funds available within 24 hours
</li>
</ul>
<ul>
<li>
The platform automatically manages on-chain staking and USDC yield reinvestment, with daily automatic buybacks of WOO
</li>
</ul>
Data shows that in the first quarter of this year, WOO Staking has generated over $1.03 million USDC in rewards, automatically reinvested 6.40 million WOO, and burned 5.30 million WOO. Currently, 86% of the total token supply of WOO has been issued, and all financing unlock periods have ended. Yorke indicated that the WOO tokens in staking are expected to reach 17% of the total supply this year.
Additionally, WOO plans to release a roadmap report in early April, focusing on its AI-driven trading platform and launching incentive activities for loyal users.

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According to Deep Tide TechFlow news, on March 25, WOO X officially announced the launch of the My WOO system today, along with a significant revision to WOO Staking, which will replace inflationary staking rewards with revenue sharing from trading fees, providing users with real returns.
According to Ben Yorke, Vice President of the WOO ecosystem, the main changes of the new system include:
<ul>
<li>
Elimination of inflationary staking rewards, replaced by earnings derived from actual trading fees of WOO X and WOOFi
</li>
</ul>
<ul>
<li>
Users earn rights by holding or staking, based on the average daily total holdings of WOO calculated from Spot, Vault, yield farming, and Staking
</li>
</ul>
<ul>
<li>
Cancellation of the 7-day lock-up period, with standard withdrawals free of charge, and funds available within 24 hours
</li>
</ul>
<ul>
<li>
The platform automatically manages on-chain staking and USDC yield reinvestment, with daily automatic buybacks of WOO
</li>
</ul>
Data shows that in the first quarter of this year, WOO Staking has generated over $1.03 million in USDC rewards, automatically reinvesting 6.40 million WOO and burning 5.30 million WOO. Currently, 86% of the token supply has been issued, and all financing unlock periods have ended. Yorke stated that the amount of WOO tokens in staking is expected to reach 17% of the total supply this year.
In addition, WOO plans to release a roadmap report in early April, highlighting its AI-driven trading platform and launching incentive programs for loyal users.
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WOO Staking Mechanism Major Upgrade: Launching a New Model for Real Returns