Proposal to burn 300 million tokens $WOO :. Could this be a boost for long-term value?
{future}(WOOUSDT)
The WOO holding community is buzzing about an important governance proposal recently initiated by the Cross chain project.

🔷 The project proposes to permanently burn 300 million WOO tokens in locked form, equivalent to about 15% of the total supply.
🔶 If successful, the circulating supply of WOO will reach 100% FDV.
This means completely eliminating the risk of token dilution in the future.
🔷 The revenue distribution ratio remains unchanged to ensure the interests:
40% for rewards to Staking users.
40% for Buyback & Burn.
20% into the development fund.
🔶 The voting gate opened at 21:30 UTC on 05/01 and will last for 7 days.
Voting rights are based on the XP weight of the Stake holders.

In your opinion, will bringing the circulating supply to 100% make WOO more scarce and attractive to long-term investors?

This article is for informational purposes only and is not investment advice. Please read and carefully consider before making decisions.