TechFlow News, September 4 — According to an official blog post, the WOO ecosystem has announced the full locking of its remaining $45 million worth of WOO tokens into a treasury vault, marking the formal conclusion of its token distribution phase and ushering in a new era of decentralized treasury management. Since launching its tokenomics reform at the beginning of 2023, WOO has been committed to building a stable and sustainable token supply system. This decision to lock all remaining reserved tokens stems from WOO’s deep reflection and adjustment of its tokenomic model. Ben Yorke, Vice President of the WOO Ecosystem, stated that the new token unlock mechanism will be closely tied to two key milestones: the effective implementation of token-based governance and the achievement of a fully diluted valuation (FDV) target.
This innovative model aims to address the inflation issues caused by traditional time-based unlocking, ensuring token releases are aligned with the project's actual performance and community governance maturity. Yorke emphasized that, given recent incidents of excessive spending by the Ethereum Foundation and Polkadot, reducing uncertainty and advancing decentralized oversight have become current best practices. In today’s market environment, where investors are increasingly focused on the fundamentals of tokenomics, WOO’s move is expected to attract more investors seeking projects with low supply-overhang risk and transparent governance structures.
