A portion will be liquidated to pay our partnered wrestlers their cut. The token is not burned but is held long-term in the company funds. If you're not aware, we are partnered with three former wrestling personalities; Sonny Onoo, Perry Saturn, and Raven. They will each share 10% of our sale, so we will be liquidating $6k of the $60k we received during the sale to give each $2,000.
The remaining WOO will be held long-term and will not be staked, meaning we were able to remove over 20 million WOO from circulation and also increase staking rewards for users.
A portion will be liquidated to pay our partnered wrestlers their cut. The token is not burned but is held long-term in the company funds. If you're not aware, we are partnered with three former wrestling personalities; Sonny Onoo, Perry Saturn, and Raven. They will each share 10% of our sale, so we will be liquidating $6k of the $60k we received during the sale to give each $2,000.
The remaining WOO will be held long-term and will not be staked, meaning we were able to remove over 20 million WOO from circulation and also increase staking rewards for users.
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Good question:)