WOO Bi-weekly roundup
The WOO Ecosystem continues to evolve, bringing new opportunities for traders and stakers across WOO X and WOOFi. From expanded fee-sharing and increased staking rewards to deeper market insights and growing DeFi incentives, these updates reinforce WOO’s commitment to sustainable value accrual. As trading volumes surge and innovations in AI and liquidity unfold, the ecosystem remains focused on delivering long-term benefits to its users.
WOO X extends fee sharing with $WOO stakers
WOO X is extending its fee-sharing program, aligning platform success with WOO token holders. Stakers earn from every transaction, reinforcing sustainable value accrual. With $500M in average daily volume over two weeks, an extra 55,000 USDC will be distributed on Feb. 10. Combined with WOOFi revenue, stakers share over $250K—most auto-compounded to buy back and stake onchain.
Stake more WOO to maximize rewards, earning 0.1 bps from all spot and perpetual trading volumes.
WOO X co-founder Jack Tan shares his market insights with Decrypt
Our co-founder Jack Tan shared his insights about ETH, the second-largest crypto by market capitalization, which fell by double digits overnight to lows following US President Donald Trump's new tariff announcements. Tan told Decrypt's Vince Dioquino that "such market behavior is consistent with past instances where macroeconomic policy shifts affected liquidity suddenly.”
In another interview, Jack Tan spoke to Decrypt about AI’s evolving role in trading and Web3, highlighting the importance of infrastructure and real-world applications in light of SoftBank’s potential $25B investment in OpenAI and the broader race for AI dominance.
"Beyond model efficiency, proprietary data, and real-world applications will ultimately define sustained leadership—favoring those with the resources to scale AI across industries," he said.
Even more ZK incentives for WOOFi Earners
For the third epoch in a row, WOOFi has been allocated more ZK incentives as part of ZKsync Ignite. At the time of writing, users can get 11% APR on their ETH, and 19% APR on USDC by depositing into WOOFi Earn on ZKsync.
Big volumes, big rewards
Strong market volatility on February 3rd resulted in a field day for WOOFi with more than $47k collected in net fees between Swap and Pro. Thanks to the 80% revenue share, stakers should be eating well next week!
ATH WOO staked on WOOFi
Over 500 million WOO is now staked on WOOFi, marking a new all-time high. Stakers continue to earn real yield in USDC, benefiting from WOOFi’s revenue-sharing model and growing DeFi incentives.
Disclaimer
The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments.
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