What is WOO coin? What does WOO coin mean?

WOO coin, the native token of the WOO Network, empowers users with governance, staking rewards, fee discounts, yield farming opportunities, and liquidity provision incentives on the decentralized cryptocurrency exchange platform.

Oct 31, 2024 at 08:01 am

What is WOO Coin?

1. Definition:

WOO coin (WOO) is a native token of the WOO Network, a decentralized cryptocurrency exchange platform.

2. Purpose:

Governance: WOO holders can participate in governance by voting on proposals that affect the network's development.
Staking: Users can stake WOO to earn rewards and support the network's security.
Fee discounts: Holding WOO can reduce trading fees on the WOO Network.
Yield farming: WOO is used in yield farming programs to earn rewards.
Liquidity provision: WOO facilitates liquidity provision and incentivizes market makers.

3. Technical Specifications:

Blockchain: Ethereum (ERC-20)
Total supply: 3,000,000,000 WOO
Distribution:
- Public sale: 35%
- Team and advisors: 20%
- Liquidity providers: 15%
- Ecosystem development fund: 15%
- Advisors and marketing: 15%

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