WOO X Extends Fee-Sharing Program to Further Align Token Holders with the Growth of the Platform

Even more value to be shared with WOO stakers as WOO X looks to align token holders with the growth of the platform

Crypto trading platform WOO X has announced the extension of its fee-sharing program, to further align the platform's success with the interests of its WOO (CRYPTO: WOO) token holders.

Every transaction fee from spot and perpetual trading on WOO X will be shared with WOO stakers. Stakers will receive 0.1 basis points from all trading volumes on the platform.

The move builds on WOO X's strategy of creating real, sustainable value through active participation and direct value accrual from trading volumes.

Already, stakers benefit from WOOFi, a decentralized protocol that gives 80% of transaction fees in the form of yield. This differentiates WOO as a token with value accrued from across CeFi and DeFi.

Over the past two weeks, WOO X has averaged $500M in daily trading volume, which will result in an additional 55,000 USDC to be distributed to stakers on Feb. 10.

With WOOFi revenue added in, WOO stakers will share a pool of over a quarter of a million dollars - the bulk of which is being auto-compounded to buy back and stake onchain.

To maximize your rewards, stake more WOO today - increased stakes mean higher returns, and with the enhanced staking mechanics, stakers will benefit from even greater value capture.

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