The WOO community has officially approved the recent governance proposal to simplify WOO tokenomics and eliminate long-standing supply overhang.

The vote passed unanimously, with 36.9 million votes in favor and zero votes against or abstaining. This outcome reflects strong alignment among long-term token holders and a shared belief that WOO is ready to move forward with a cleaner, more transparent supply structure.

WOO is entering a new phase with vibe trading product Starchild becoming the main catalyst for growth, and a possibility for new utility and use cases related to AI usage.

“As token utility is shifting toward agent economies and execution flows, it’s exciting to see WOO evolve without any of the supply headaches that plague new token launches,” says WOO co-founder Jack Tan. “We are confident that by building in a much more innovation-driven vertical like AI and trading, we can create much more utility and enthusiasm for WOO.”

What was approved

The proposal included two core changes aimed at simplifying tokenomics and removing uncertainty.

First, the permanent burn of the final 300 million locked WOO tokens, originally tied to long-term FDV milestones. These tokens are now removed from supply entirely, bringing WOO to an effectively fully circulating state with no future unlock risk. 

Second, the proposal approved ending the Match + Burn mechanism, a legacy system that added complexity without a clear behavioral impact. Staking rewards and revenue distribution to token holders remain unchanged

The burn of the 300 million locked WOO has now been executed onchain.

This burn was pushed as a structural improvement, not as a short-term market catalyst. It locks in a clear supply framework and removes dilution concerns that are common across much of the crypto industry, particularly with new altcoins.

Here is a link to the transaction:
https://etherscan.io/tx/0x04538e6b5999cea762a7781fc36184e094faa2a5d418c33535009befef01c354

This vote did not alter WOO’s revenue allocation model.

• 40% of protocol revenue continues to flow to token holders via WOO Stake
• 40% remains allocated to buybacks and burns
• 20% supports ongoing operations and ecosystem development

The foundation of value accrual remains intact.

With supply overhang removed, WOO governance can now focus on improving utility and tokenomic flywheels.

The foundation will continue encouraging active participation in governance so that tokenomics, incentives, and ecosystem design can evolve alongside the products. The goal is to ensure changes happen transparently, deliberately, and with the community fully involved.

Thank you to everyone who participated and helped shape the proposal, including users unfinished, TheThreeWords, aazzou123, najdorf250, and many others. 

The WOO community has officially approved the recent governance proposal to simplify WOO tokenomics and eliminate long-standing supply overhang.

The vote passed unanimously, with 36.9 million votes in favor and zero votes against or abstaining. This outcome reflects strong alignment among long-term token holders and a shared belief that WOO is ready to move forward with a cleaner, more transparent supply structure.

WOO is entering a new phase with vibe trading product Starchild becoming the main catalyst for growth, and a possibility for new utility and use cases related to AI usage.

“As token utility is shifting toward agent economies and execution flows, it’s exciting to see WOO evolve without any of the supply headaches that plague new token launches,” says WOO co-founder Jack Tan. “We are confident that by building in a much more innovation-driven vertical like AI and trading, we can create much more utility and enthusiasm for WOO.”

What was approved

The proposal included two core changes aimed at simplifying tokenomics and removing uncertainty.

First, the permanent burn of the final 300 million locked WOO tokens, originally tied to long-term FDV milestones. These tokens are now removed from supply entirely, bringing WOO to an effectively fully circulating state with no future unlock risk. 

Second, the proposal approved ending the Match + Burn mechanism, a legacy system that added complexity without a clear behavioral impact. Staking rewards and revenue distribution to token holders remain unchanged

The burn of the 300 million locked WOO has now been executed onchain.

This burn was pushed as a structural improvement, not as a short-term market catalyst. It locks in a clear supply framework and removes dilution concerns that are common across much of the crypto industry, particularly with new altcoins.

Here is a link to the transaction:
https://etherscan.io/tx/0x04538e6b5999cea762a7781fc36184e094faa2a5d418c33535009befef01c354

This vote did not alter WOO’s revenue allocation model.

• 40% of protocol revenue continues to flow to token holders via WOO Stake
• 40% remains allocated to buybacks and burns
• 20% supports ongoing operations and ecosystem development

The foundation of value accrual remains intact.

With supply overhang removed, WOO governance can now focus on improving utility and tokenomic flywheels.

The foundation will continue encouraging active participation in governance so that tokenomics, incentives, and ecosystem design can evolve alongside the products. The goal is to ensure changes happen transparently, deliberately, and with the community fully involved.

Thank you to everyone who participated and helped shape the proposal, including users unfinished, TheThreeWords, aazzou123, najdorf250, and many others.