What is WOO

WOO is a hyper-reflexive token that scales with crypto adoption. The token is fueled by an ecosystem of blockchain-powered consumer apps that aim to democratize finance and technologies by offering intuitive user experiences.

Its reflexivity is made possible with the following core design:

The WOO ecosystem includes an all-inclusive DeFi platform, a dynamic CeFi exchange, and an array of innovative ecosystem projects with a shared goal of turbocharging the utility, value accrual, and liquidity of WOO.

  • WOOFi is an omnichain decentralized finance platform featuring swaps, perpetual futures trading, earn, and staking. It aims to make DeFi easy for the masses.

  • WOO X is a centralized exchange providing best-in-class liquidity and price execution, with a powerful frontend featuring fully customizable modules for workspace customization.

  • Innovation Hub is an initiative to grow the number of WOO-aligned projects and create a powerful flywheel effect as more high-quality builders that leverage the token as a core component.

WOO token distribution

WOO had a cap set at 3 billion tokens at the time of the deployment on Oct 16 2020. After previous burns, the total supply has been reduced by almost 25% to 2.2 billion. Check the latest circulating and the total supply of WOO at Coingecko.

WOO is a highly liquid token with fully transparent and fair distribution and a high circulating supply-to-FDV ratio.

Major non-circulating supply addresses

WOO token address

WOO is a utility token solely issued on Ethereum: 0x4691937a7508860f876c9c0a2a617e7d9e945d4b

The token has been permissionlessly bridged onto multiple blockchains. WOOFi and WOO X can be used to freely bridge WOO across various blockchains to improve the user experience.

WOO Addresses on non-Ethereum chains
  • ONLY the WOO token on Ethereum is the canonical token contract which is immutable

  • WOO on other chains are IOUs or wrapped tokens backed by the same amount locked in the corresponding Ethereum smart contracts

  • Holding WOO on chains other than Ethereum expose you to the bridge risks, which means there is still risk you are not able to redeem the underlying WOO on Ethereum

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