WOO X launches commission bonus activity, distributing 0.1 basis points of trading volume earnings to WOO staking users

BlockBeats News: On January 22nd, according to official announcements, WOO X launched a commission bonus activity. From January 23rd to February 6th, the platform will distribute 0.1 bps of profits from spot and perpetual contract trading volume to directly reward WOO token staking users. According to Bryan Chu, Chief Strategy Officer of WOO X, the platform has reduced daily staking rewards by over 60% compared to the fourth quarter of 2024 and plans to achieve an inflation free reward mechanism by the end of the first quarter of 2025. This measure marks an important step forward for WOO in terms of token utility and sustainability. In addition, WOO X plans to introduce tiered benefits and fee discounts for spot trading users holding WOO, without the need for lock ups. These benefits will be managed through the upcoming My WOO portal, which provides integrated access to staking, revenue products, and self custodial wallets.