# Why should I hold WOO

### 1. Value accrual with real yields from sustainable protocol revenue

#### 80% of WOOFi's net fees are paid to WOO stakers in USDC

WOO tokens can be [staked](/user-guides/how-to-stake-woo-on-woofi.md) on WOOFi to earn yields from the fees of protocol revenue. 80% of WOOFi's net revenue from swap and perps trading is streamed to stakers every second, paid in **cold, hard USDC**. 

The longer you stake and more active you use WOOFi, the more rewards you earn. 

👉🏻 [WOOFi staking dashboard](https://dune.com/woofianalytics/woofi-staking)

### 2. Airdrops, incentives for WOO stakers & holders

#### **WOOFi staker airdrops**

WOO stakers have benefited from a series of airdrops and ecosystem incentives by simply staking WOO or using the WOOFi products. e.g. LayerZero (ZRO), Orderly Network (ORDER), Arbitrum (ARB), Optimism (OP), Pear Protocol (PEAR). 

#### **WOO yield farming on WOO X**

WOO X continuously offers yield farming vaults where users can earn a wide range of tokens by depositing WOO tokens. 

### 3. Deflationary via token buyback and burn

Starting June 2024, an equal amount of WOO bought back through staking rewards will be burned monthly. Currently, over $5M USDC is paid out to stakers. ***To see more tokens being burned, consider staking on*** [***WOOFi***](https://fi.woo.org/) ***and compounding your rewards.*** 

The burned tokens will come from the eco rewards allocation, with plans to optimize this mechanism to tie it to the growth of the entire WOO ecosystem.

👉🏻 [WOO buyback and burn dashboard](https://dune.com/woofianalytics/woo-buyback-and-burn)

### 4. Robust token utilities in the WOO ecosystem and broader DeFi

#### **Reduced fee rate of perps trading on WOOFi Pro**

By staking WOO and earning XP, users can climb up to tier 5 fee rate which is equivalent of $100M 30-day trading volume.

<figure><img src="/files/m2Fab1z0lgrbBi7imuTW" alt=""><figcaption></figcaption></figure>

#### **Enjoy privileges in WOO X built for traders with full transparency**&#x20;

**Trading benefits**

WOO can be staked to unlock the Zero Fee Zone, fee discounts on perps and API trading, referral bonuses, free withdrawals, and other benefits on [WOO X](https://x.woo.org).&#x20;

Trading institutions generating large volumes on WOO X can stake WOO tokens based on their volume and trading requirements to receive increased API trading rate limits and fee reductions.

**Stakers on WOO X currently receive base yields as well as benefits in future product releases, such as:**

* increased allocation to exciting new launchpad projects - more details to come
* access to social trading features on WOO X to emulate highly professional trading strategies from top-performing traders
* access to institutional-grade earn products

#### Other protocols

WOO is integrated into many DeFi protocols where the token holders benefit by supplying their precious WOO tokens to earn yields, borrow and lend or provide liquidity. Be a DeFi chad by holding the productive asset.

A few highlights from partner protocols:

{% hint style="warning" %}
Please explore the applications with caution, since the integration with WOO token is permissionless users assume their own risk when using third-party applications.

We are not responsible for your access to these platforms and shall have no liability whatsoever in connection with your use of such third-party protocols.&#x20;
{% endhint %}

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th><th data-hidden data-card-cover data-type="files"></th></tr></thead><tbody><tr><td>Kamino Finance</td><td>LP in WOO/jitoSOL pool</td><td>Solana</td><td><a href="https://app.kamino.finance/liquidity/4AqWR3FY8FSnTRBf3BNcEX852Tzb8YKuYMdhKuCLMTCo">https://app.kamino.finance/liquidity/4AqWR3FY8FSnTRBf3BNcEX852Tzb8YKuYMdhKuCLMTCo</a></td><td><a href="/files/WnFhhQnAUkoVxPjBDJKU">/files/WnFhhQnAUkoVxPjBDJKU</a></td></tr><tr><td><strong>Trader Joe</strong></td><td>LP in WOO/ETH pool</td><td>Arbitrum</td><td><a href="https://traderjoexyz.com/arbitrum/pool/v22/0xcafcd85d8ca7ad1e1c6f82f651fa15e33aefd07b/ETH/25">https://traderjoexyz.com/arbitrum/pool/v22/0xcafcd85d8ca7ad1e1c6f82f651fa15e33aefd07b/ETH/25</a></td><td><a href="/files/arGoOEJg7EDNLFOMc7Ev">/files/arGoOEJg7EDNLFOMc7Ev</a></td></tr><tr><td><strong>PancakeSwap</strong></td><td>LP in WOO/ETH pool</td><td>Ethereum</td><td><a href="https://pancakeswap.finance/farms?chain=eth">https://pancakeswap.finance/farms?chain=eth</a></td><td><a href="/files/Ut6a7tnBfpZ6x32Flv2M">/files/Ut6a7tnBfpZ6x32Flv2M</a></td></tr><tr><td><strong>Silo</strong></td><td>Borrow and lend with WOO</td><td>Arbitrum</td><td><a href="https://app.silo.finance/silo/0x5C2B80214c1961dB06f69DD4128BcfFc6423d44F">https://app.silo.finance/silo/0x5C2B80214c1961dB06f69DD4128BcfFc6423d44F</a></td><td><a href="/files/E9NPcXKEPpcz1FvDw84J">/files/E9NPcXKEPpcz1FvDw84J</a></td></tr><tr><td><strong>Stargate</strong></td><td>LP in WOO bridge pool</td><td>Multiple chains</td><td><a href="https://stargate.finance/pool">https://stargate.finance/pool</a></td><td><a href="/files/k1hGAmWTO7KvdgY541ag">/files/k1hGAmWTO7KvdgY541ag</a></td></tr><tr><td><strong>BitGenie</strong></td><td>Stake WOO to earn $WISH</td><td>Merlin chain</td><td><a href="https://www.bitgenie.io/staking">https://www.bitgenie.io/staking</a></td><td><a href="/files/NwzLygmaY8O6xjj5IJgt">/files/NwzLygmaY8O6xjj5IJgt</a></td></tr></tbody></table>

### 5. Ample liquidity across CeFi and DeFi

WOO is listed across almost all major CeFi platforms, see [the full list](https://www.coingecko.com/en/coins/woo).

On DeFi, you can buy or sell WOO on Uniswap or Pancakeswap on Ethereum, and Traderjoe on Arbitrum.


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