Over recent weeks, the community has actively discussed how WOO tokenomics should evolve given the protocol’s current position: • No ongoing inflation • No dependency on future unlock schedules • Core token supply already fully circulating • Revenue already flowing to token holders This position is highly atypical in crypto, where supply overhangs, delayed unlocks, and misalignment between token holders and insiders are common.
Proposal: Permanently burn the full 300 million $WOO locked tranche. Intended outcomes: • Bring the circulating supply to effectively 100% of FDV • Establish a clear, final supply structure with no future dilution risk This action is intended as a structural simplification, not a short-term price catalyst.
The Match + Burn mechanism currently burns treasury $WOO equivalent to staking rewards distributed to users. While originally intended to encourage auto-compounding and long-term staking behavior, the mechanism has frequently been viewed as redundant treasury burning.
Proposal: End the Match + Burn mechanism entirely. Intended outcomes: • Reduce tokenomic complexity • Avoid mechanical treasury burns that do not clearly influence behavior
This change does not affect direct staking rewards distributed through WOO Stake.
The following components remain unchanged by this proposal: • 40% of protocol revenue distributed to token holders via WOO Stake • 40% of protocol revenue allocated to weekly buybacks and burns continues under the existing framework, but can be reviewed further once more information around Starchild and its roadmap is released. • 20% allocated to the Foundation for expenses
This proposal will be decided based on a holder’s amount of staked XP (WOO Stake). XP reflects sustained engagement with the WOO ecosystem through long-term staking and onchain participation, prioritizing alignment with committed holders rather than transient balances. Due to custody limitations, WOO held on centralized exchanges cannot participate in this vote.
Voting options: For: Burn the locked tranche and end the match-and-burn Against: Retain the locked tranche, continue match-and-burn, revisit other options Abstain: No preference • Voting period: 7 days • No quorum requirement • Outcome is final; failed proposals may be revised and resubmitted