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WOO Token Utility

Learn about what you can do with WOO token

The WOO token is central to WOO Network

WOO Token is a utility token deeply embedded within WOO Network's CeFi and DeFi products and services with various staking, discount, yield, and governance utilities. Currently, 50% of revenue generated across WOO Network’s services contribute to the monthly buyback and burn through the purchasing of WOO tokens off the secondary market to remove them permanently from the circulating supply. Furthermore, this buyback is then matched with a monthly burn from the Ecosystem Reward pool for the WOO token, which lowers the maximum supply and decreases its Fully Diluted Value (FDV). Read the litepaper here: https://woo.org/Litepaper.pdf

Current WOO Token Utility:

Governance Power
  • WOO DAO has been formed to govern the initiatives related to Growth, Treasury Management, and DAO to DAO relations. WOO token holders, WOO X stakers, and WOOFi stakers can participate in the decentralized governance by voting on proposals
Staking
  • WOO tokens can be staked on WOO X to reduce trading fees, unlock zero-fee trading, unlock rebates on taker orders (trade-to-earn), unlock daily free withdrawals, and increase referral rebates.
  • 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.
Yield
  • A portion of tokens received from WOO Ventures early-stage project investments will be distributed to WOO token stakers on WOO X.
  • WOO tokens can be staked on WOOFi to earn yields from the fees of swap and earn.
DeFi Liquidity Provision and Yield farming with WOO
  • WOO tokens are embedded within prominent DEXes on various chains: Bancor, Sushiswap, Uniswap, PancakeSwap, QuickSwap and SpookySwap. See WOO Token Utility for detailed links.
Borrowing and Lending with WOO
  • WOO tokens can be used as collateral for borrowing and lending on: Sushi Kashi, Rari Capital. See WOO Token Utility for detailed links.

Planned WOO Token Utility:

WOO token utility will be expanded as WOO Network’s liquidity, exchange, and DeFi services grow.
[Yield] Access to social trading
  • WOO stakers can gain access to social trading features on WOO X to emulate highly professional trading strategies from top-performing traders.
[Yield] Access and discounts for institutional yield strategies
  • Users staking WOO tokens benefit from reduced capital requirements, management and performance fees for institutional-grade asset management services — such as Kronos Research's asset management services that generate stellar yields regardless of market conditions.

WOO Token Burn

October 2022
1,874,757
September 2022
2,359,581
August 2022
1,971,052
July 2022
3,660,306
June 2022
5,360,089.14
May 2022
7,478,848
April 2022
3,057,636
March 2022
1,686,780
February 2022
1,888,180
January 2022
669,814
December 2021
459,040
November 2021
501,561
October 2021
156,722
September 2021
312,936
August 2021
217,523
July 2021
48,930
June 2021
121,907
May 2021
764,762
April 2021
327,120
March 2021
537,166
February 2021
817,564
January 2021
5,247,767

WOO Token Bridges

The WOO token was initially a utility token on Ethereum, which now exists on multiple blockchains through bridges. Always check the official token contract addresses and the bridges available as below.

Buy WOO

CEX

DEX

Find out more at Coingecko.

Provide liquidity and yield farm with WOO in DeFi

Ethereum

Protocol
Pair
Uniswap V2
WOO/ETH
Uniswap V2
WOO/USDC
Uniswap V3
WOO/ETH
Sushi
WOO/USDC
Bancor
WOO/BNT

Binance Smart Chain

Protocol
Pair
Pancakeswap
WOO/BNB
SIL Finance
WOO/BNB

Polygon

Protocol
Pair
Sushi
WOO/ETH
Quickswap
WOO/ETH
Quickswap
WOO/QUICK

Fantom

Protocol
Pair
Spookyswap
WOO/USDC
Spookyswap
WOO/FTM

Solana

Protocol
Pair
Raydium / Serum
WOO/USDC

HECO

Protocol
Pair
MDEX
WOO/USDT

Lend and borrow with WOO

This is not an exhaustive list, and the liquidity and yields could change depending on the protocol. DeFi protocols are subject to smart contract risks, and providing liquidity in AMMs makes your assets expose to impermanent loss. Please DYOR before interacting with the protocol.