WOO Ecosystem announced today that it will lock all of its undistributed $45 million WOO tokens into the treasury, marking the official end of its WOO token supply phase and heralding the arrival of a new era of decentralized treasury management. The purpose of locking all reserved tokens this time is to ensure that the release of tokens is linked to the actual performance of the project and the level of community governance, thereby avoiding potential inflation risks and enhancing market confidence.
The new token economic structure reflects WOO's commitment to transparency and decentralization, ensuring that all future developments and decisions will be made with the active participation of the community. This move lays the foundation for WOO's continued growth and innovation.