woo network

What Is It?

WOO Network is a deep liquidity network that provides traders, exchanges, institutions, and DeFi platforms access to liquidity, trading execution, and yield generation strategies at zero to low cost. WOO Network has launched 3 products spanning the CeFi and DeFi landscape. As of Aug-22, WOOFi, its DeFi product has a TVL of $27.45M.

About WOO X

WOO X is a zero-fee trading platform that provides professional and institutional traders with top-tier liquidity and execution. It features fully customizable modules for workspace customization. It is one of the two CeFi products which WOO Network launched under its suite of products

Products

About Wootrade

Wootrade democratizes access to deep liquidity. Exchanges can access WOO Network via API integration and are able to increase their order book depth and tighten their bid/ask spread, allowing them to compete with top exchanges. Wootrade allows for partner exchanges to hedge on WOO X with numerous features provided such as full cross margin, competitive interest rates, and auto margin rebalancing.

About WOOFi

WOOFi is WOO Network’s open-source multichain DeFi platform. It is currently on Avalanche, BNB Chain, and Fantom network. It has posted $1.39B in trading volume since its inception. 

About WOO DAO

WOO DAO functions like a company with a large balance sheet composed of individual contributors. Work in the DAO is split into four key groups:

  1. Operations
    • Governing and improving the DAO itself
  2. Treasury Management
    • Growing the treasury and creating revenue to fund initiatives
  3. Business Development Relations
    • Facilitating partnerships and providing services to other DAOs
  4. Growth
    • Increasing the user base of all WOO ecosystem products

Tokens and Tokenomics

Supply and Distribution 

Appendix

  1. WOO Network Documentation – https://learn.woo.org/
  2. WOO Supply and Distribution – https://learn.woo.org/token/wootoken
  3. WOO DAO Details – https://learn.woo.org/woo-dao/decentralization
  4. WOO Token Address (BNB) – 0x4691937a7508860F876c9c0a2a617E7d9E945D4B
  5. WOO Token Address (AVAX) – 0xaBC9547B534519fF73921b1FBA6E672b5f58D083
  6. WOO Token Address (FTM) – 0x6626c47c00F1D87902fc13EECfaC3ed06D5E8D8a

Interested in finding out more? Check out our other protocol guides and Learn DeFi articles to get started with DeFi. Alternatively, read Insights for more in-depth research on the DeFi space. You can also try Harvest, our flagship product, to get a comprehensive analysis of your DeFi assets. Subscribe for our updates below!