Some rambled thoughts on $WOO tokenomics: The burns, staking, and locked tranches were all built with good intentions, but the market constantly shifts. The things that actually drive value now are strength of product (growth) and clean supply tokenomics. And WOO is in a pretty unusual position. ⚫️ Circulating supply is basically complete. ⚫️ No future dilution. ⚫️ Private investors and team wallets haven’t claimed in ~1.6 years on average, most 48+ months since last claim That kind of maturity is rare in this space for a team that’s still actively building. Which leads to the real question: Is weekly burning all that important? In my mind what really matters is that there is sustained buy pressure and tokens coming out of the secondary market. Would we see more long-term value if that same revenue went towards growth (imagine people thought there was an airdrop and WOOFi saw volumes increase to the point that staking rewards and buybacks were much higher. And on top of that, does the 300M locked tranche still serve a purpose or is it just adding noise to an otherwise clean supply story? Curious how people see it WOO👍
Biggest buyback month already We keep building (and buying back $WOO)
2.8K
38
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.