# WOO (WOO): D-Score 34/100 — Centralized Leaning

**BlockIndex D-Score: 34/100 (Centralized Leaning).** WOO (WOO) is a Layer 1 cryptocurrency using PoS consensus. WOO: ERC-20 utility token powering an integrated CEX/DeFi ecosystem with cross-chain DEX, staking and liquidity incentives.

_Source: https://blockindex.ai/coin/woo · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 34 |
| Node distribution | 0 |
| Initial distribution | 0 |
| Governance | 16 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: Other (2020)
- Founder: Mark Pimentel, Jack Tan
- VC funded: No
- Max supply: 1,888,782,088
- Circulating: 1,888,782,088 (100.0%)

## Market data (as of 2026-06-19)
- Price: $0.01
- Market cap: $24.11M
- 24h volume: $1.8M
- 24h change: -3.23% · 7d change: -2.45%

## About
WOO is an ERC-20 utility token that sits at the center of a hybrid trading and liquidity ecosystem combining centralized exchange functionality with decentralized finance products. Originating as a genesis-issued token on October 30, 2020, WOO is embedded across a family of consumer and institutional-facing applications including Woox (a centralized exchange), Woofi (a decentralized cross-chain DEX and swap aggregator) and a gasless orderbook perpetuals product. The project’s website and market summaries emphasize WOO’s role as a fee- and reward-capturing instrument — used for staking, governance participation, fee discounts and ecosystem incentives — while the product suite focuses on cross-chain liquidity, trading infrastructure and staking-derived rewards.

Technically, WOO is primarily represented on Ethereum as an ERC-20 contract (contract reference 0x4691...945d4b) and has been deployed across multiple EVM-compatible and non-EVM networks to support cross-chain swaps through the Woofi product. As a token rather than an independent blockchain, WOO inherits its consensus characteristics from its parent chains (notably Ethereum, now PoS) and does not operate its own validator set or native block production. The project emphasizes interoperability — Woofi claims support for 11+ networks — and integrates with typical Web3 tooling such as browser wallets and on-chain explorers. Development activity and code provenance were not fully documented in the provided sources, and no authoritative GitHub URL or explicit open source license was included in the extracted materials.

In terms of tokenomics and economic design, WOO was pre-issued at genesis (3 billion tokens created initially, with burns and subsequent adjustments leaving a reported max supply around 2.2 billion and current supply metrics showing roughly 2.19B total supply and 1.89B circulating, or about 85.9% circulating). The token accrues utility across CEX and DeFi products: users stake WOO to earn airdrops and fee-derived yield, and ecosystem mechanisms channel rewards and grants to stakers. The sources reference ~$2.5M in third-party grants distributed to stakers and note burn activity that reduced supply. Formal monetary policy details such as emission schedules or algorithmic issuance mechanics were not provided in the extracted content.

Governance and organizationally, WOO operates as a company-backed ecosystem (references to WOO Network / WOO X appear in source text) with hybrid elements of on-chain token-holder participation and centralized product operations. The project describes staking-based governance and a planned decentralized treasury, supporting a hybrid governance model that mixes token voting and centralized operational control. No explicit CEO name, formal legal entity registration details or comprehensive governance rulebook were included in the provided materials. Where the data was incomplete, the summary preserves the project's stated focus: expand utility across centralized and decentralized trading, capture value through product-level fees and incentives, and extend cross-chain liquidity via Woofi and related infrastructure.

## Links
- Website: https://woo.org/
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore