WOOFi has executed one of the most decisive supply-side actions in its history, permanently removing $8.9 million worth of WOO tokens from circulation following a unanimous governance vote. The burn, carried out on January 16, 2026, eliminates the final tranche of locked tokens and marks a structural turning point for the protocol’s tokenomics. With this execution, approximately 1.12 billion WOO tokens, around 37% of the original total supply, are now permanently burned. The move closes the chapter on emissions entirely, placing WOO among a small group of crypto assets that have reached full supply unlock while actively reducing circulating supply.
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