WOO serves as the backbone for all applications within the WOO ecosystem, providing utility, access to yields, and governance capabilities. Designed to benefit from the broader adoption of cryptocurrencies, WOO aims to secure long-term value across various networks.
WOO X is a top-tier centralized trading platform known for offering exceptional liquidity, efficient execution, and advanced trading tools across numerous spot and perpetual futures products.
WOOFi, a decentralized application, facilitates swaps, perpetual contracts, WOO staking, and yield-generating pools, making it a user-friendly entry point to DeFi. Deployed on over 11 leading networks, including Arbitrum, Avalanche, Optimism, and zkSync, WOOFi consistently ranks among the Top 10 decentralized exchanges by volume. This positions WOO as one of the few tokens that is widely adopted and useful in both centralized and decentralized finance.
How Many WOO Tokens Are There in Circulation?
The WOO token was introduced on October 30, 2020, with an initial creation of 3 billion tokens. About 25% of these tokens have been burned, reducing the maximum supply to 2.23 billion. Currently, approximately 86% of these tokens are in circulation, with roughly 6% reserved for team members, investors, and advisors, and around 8% set aside for future team and advisors.
The last 300 million WOO tokens are locked until a decentralized treasury is developed and certain fully diluted valuation (FDV) milestones are achieved. These token allocations will be released at $4 billion, $6 billion, $8 billion, and $10 billion FDV.
Detailed information can be found on the WOO token page.
Who Are the Founders of WOO Network?
The WOO Network was founded by experienced professionals from Wall Street and graduates of Carnegie Mellon University. Today, it operates through a decentralized structure with a global team of over 200 members.
Key individuals include:
* Jack Tan - Co-founder
* Willy Chuang - Chief Operating Officer
* Bryan Chu - Chief Product Officer
* Ben Yorke - Vice President of Ecosystem
Where Can I Buy WOO Network (WOO)?
WOO is available for purchase on nearly every major centralized and decentralized exchange, including WOO X, Binance, Kraken, Bithumb, OKX, Kucoin, MEXC, Gate.io, Trader Joe, Uniswap, among others.
