WOO Locks $45 Million Tokens, Signaling New Era of Decentralized Treasury Management

According to Odaily, WOO ecosystem has announced the locking of $45 million worth of undistributed WOO tokens in its treasury. This move marks the official end of the WOO token supply phase and heralds a new era of decentralized treasury management. The decision to lock all reserved tokens aims to ensure that token releases are tied to the project's actual performance and community governance levels, thereby avoiding potential inflation risks and boosting market confidence. The new token economic structure reflects WOO's commitment to transparency and decentralization, ensuring that all future developments and decisions will involve active community participation. This initiative lays a solid foundation for WOO's continued growth and innovation.