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1. WOOFi, a decentralized trading protocol, plans to allocate 1 million ARB rewards across various components of its ecosystem over the next three months.
2. The rewards distribution is structured as follows: 200,000 ARB for WOOFi Earn's token vaults, 200,000 ARB for WOOFi Pro to incentivize traders, 200,000 ARB for WOOFi Stake participants, 150,000 ARB for WOOFi Swaps as fee compensation, 150,000 ARB for WOOFi Cross-Chain Swaps, and 100,000 ARB for specific tasks within the WOOFi network.
3. The goal behind this reward allocation is to stimulate user engagement within the WOOFi ecosystem.
4. Incentives are directed towards traders, stakers, and individuals completing designated tasks to attract more users and expand the protocol's influence.
5. The rewards are intended to foster growth and increase participation in WOOFi's decentralized trading functionalities.
6. WOOFi aims to enhance its market presence by encouraging active involvement through these rewards.
7. The distribution strategy targets different aspects of the protocol to engage and retain a diverse user base.
8. Allocation to WOOFi Earn supports token vaults, while WOOFi Pro incentivizes traders, fostering increased activity on the platform.
9. Fee compensation for WOOFi Swaps and Cross-Chain Swaps aims to provide additional benefits to users utilizing these services.
10. Overall, the rewards program is designed to fuel participation and expansion within WOOFi, driving its growth as a decentralized trading protocol.
#woofi #WooNetwork
2. The rewards distribution is structured as follows: 200,000 ARB for WOOFi Earn's token vaults, 200,000 ARB for WOOFi Pro to incentivize traders, 200,000 ARB for WOOFi Stake participants, 150,000 ARB for WOOFi Swaps as fee compensation, 150,000 ARB for WOOFi Cross-Chain Swaps, and 100,000 ARB for specific tasks within the WOOFi network.
3. The goal behind this reward allocation is to stimulate user engagement within the WOOFi ecosystem.
4. Incentives are directed towards traders, stakers, and individuals completing designated tasks to attract more users and expand the protocol's influence.
5. The rewards are intended to foster growth and increase participation in WOOFi's decentralized trading functionalities.
6. WOOFi aims to enhance its market presence by encouraging active involvement through these rewards.
7. The distribution strategy targets different aspects of the protocol to engage and retain a diverse user base.
8. Allocation to WOOFi Earn supports token vaults, while WOOFi Pro incentivizes traders, fostering increased activity on the platform.
9. Fee compensation for WOOFi Swaps and Cross-Chain Swaps aims to provide additional benefits to users utilizing these services.
10. Overall, the rewards program is designed to fuel participation and expansion within WOOFi, driving its growth as a decentralized trading protocol.
#woofi #WooNetwork
Exciting news from Binance! 🚀 They just dropped 100,000 Woofi tokens as an airdrop! 🎉 Don't miss out on this free crypto giveaway you inly need to follow 3steps to earn your tokens #Write2Earn #woofi #AirdropAlert
LONG WOO/USDT
Showing bullish divergence in the 1D time frame and also expecting a lower time frame breakout soon.
#woo #woofi #woonetwork #woousdt #crypto2023
Showing bullish divergence in the 1D time frame and also expecting a lower time frame breakout soon.
#woo #woofi #woonetwork #woousdt #crypto2023
WOOFi has announced its strategic shift to an Ethereum Virtual Machine (EVM) compatible network and is set to launch version 2.0 of its full-chain exchange, WOOFi Pro. The test network will be available on September 13, with the main network planned to be released in early October.
WOOFi Pro will feature a user-friendly mobile interface that enables traders to conduct transactions anytime and anywhere, with gas-free order book transactions available for users who do not need KYC verification. WOOFi Pro will also integrate Orderly Network’s institutional-level order book to provide liquidity to users.
In addition, WOOFi Pro is expanding its asset classes and will launch ten cryptocurrency trading pairs, as well as stocks, commodities, and forex outside of cryptocurrencies. Founder and CEO of WOO, Jack Tan, said the transformation will provide more powerful CeFi and DeFi services, allowing for seamless transitions between the two trading systems when the next bull market arrives.
$WOO #woofi #woonetwork #wooforce
WOOFi Pro will feature a user-friendly mobile interface that enables traders to conduct transactions anytime and anywhere, with gas-free order book transactions available for users who do not need KYC verification. WOOFi Pro will also integrate Orderly Network’s institutional-level order book to provide liquidity to users.
In addition, WOOFi Pro is expanding its asset classes and will launch ten cryptocurrency trading pairs, as well as stocks, commodities, and forex outside of cryptocurrencies. Founder and CEO of WOO, Jack Tan, said the transformation will provide more powerful CeFi and DeFi services, allowing for seamless transitions between the two trading systems when the next bull market arrives.
$WOO #woofi #woonetwork #wooforce
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ORIONPLAY official
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♦️WOOFi X Binance 🤑$100,000 Web3 Wallet Airdrop
📢WOOFi x Binance Web3 Wallet
Binance Web3 Wallet is a self-custody crypto wallet within the Binance app, designed to empower users in the realm of decentralized finance (DeFi).
Binance is airdropping a total of $100,000 in WOO for completeting easy tasks like swapping, trading and staking.
▪️Steps to Join Airdrop
1️⃣Register on Binance.
2️⃣Login to your account and complete KYC.
3️⃣Create your Binance Web3 Wallet.
4️⃣Visit the WOOFi x Binance Web3 Wallet Airdrop page and click "Join Now".
5️⃣Complete the tasks and share $20,000 in WOO for each task (Guide here).
6️⃣Make sure you click "Verify" on the campaign page once each task has been completed.
📢WOOFi x Binance Web3 Wallet
Binance Web3 Wallet is a self-custody crypto wallet within the Binance app, designed to empower users in the realm of decentralized finance (DeFi).
Binance is airdropping a total of $100,000 in WOO for completeting easy tasks like swapping, trading and staking.
▪️Steps to Join Airdrop
1️⃣Register on Binance.
2️⃣Login to your account and complete KYC.
3️⃣Create your Binance Web3 Wallet.
4️⃣Visit the WOOFi x Binance Web3 Wallet Airdrop page and click "Join Now".
5️⃣Complete the tasks and share $20,000 in WOO for each task (Guide here).
6️⃣Make sure you click "Verify" on the campaign page once each task has been completed.
Grab $100,000 in WOOFi Airdrop Rewards!
Hey Crypto Enthusiasts! Binance is turning up the heat in the crypto world with an exclusive Web3 Wallet Airdrop, offering a whopping $100,000 in WOOFi (WOO) tokens. From January 23 to February 5, 2024, gear up for a thrilling journey of missions using Binance's Web3 Wallet to snag your share of the rewards.
How to Join the Fun:
Getting in on the action is a breeze – just hit that [Join Now] button on the activity page and tackle these missions using Binance's Web3 Wallet:
Swap any token to WOO with at least 100 WOO on Arbitrum in WOOFi - Score $20,000 in WOO tokensStake a sweet total of 100 WOO on Arbitrum in WOOFi - Bag $20,000 in WOO tokensDeposit at least 0.01 ETH into WOOFi’s vault on Arbitrum - Snatch up $20,000 in WOO tokensDrop at least 25 USDC into WOOFi Pro via Arbitrum - Pocket $20,000 in WOO tokensTrade at least $250 equivalent on WOOFi Pro - Win $20,000 in WOO tokens
Psst... each mission caps your rewards at $25 in WOO tokens, giving you the chance to max out at a cool $125 by acing all the missions.
Don't Miss Out on $100,000 in WOO Rewards!
Guides & Handy Stuff: Need a little guidance? Binance has got your back with these helpful materials:
What Is Binance Web3 Wallet and How Does It WorkBinance Research - WOO Network
The Nitty-Gritty: Before you jump in, make sure to give the terms and conditions a once-over. Your ticket to the rewards comes with a side of Binance's Prize Promotion Terms, Terms of Use, and Privacy Policy.
Exclusive Perks: Only users from eligible regions who hit [Join Now], complete KYC, and roll with an active Binance Web3 Wallet get a shot at the rewards. Newcomers? You're in luck – snag a 10% spot trading fee discount by registering for a Binance account.
Claiming Your Bounty: Binance will use the WOO/USDT spot trading pair's closing price on January 8, 2024, 23:59 UTC for reward distribution. Keep in mind, the actual reward value may sway with the market. Expect your token rewards to drop within two weeks post-Activity, and you can track the goodies in Binance Web3 Wallet.
Binance's Word is Law: Binance holds the cards – they can disqualify anyone playing dirty and tweak the rules on the fly. Keep an eye out for changes, and for the latest and greatest info, stick to the English version.
Ready to ride the Web3 wave? Dive into the $100,000 WOOFi Airdrop with Binance now. Your ticket to the future of decentralized finance awaits! 🚀
#Write2Earn #WOO #AirdropAlert #woofi #woofi @WOO Network
How to Join the Fun:
Getting in on the action is a breeze – just hit that [Join Now] button on the activity page and tackle these missions using Binance's Web3 Wallet:
Swap any token to WOO with at least 100 WOO on Arbitrum in WOOFi - Score $20,000 in WOO tokensStake a sweet total of 100 WOO on Arbitrum in WOOFi - Bag $20,000 in WOO tokensDeposit at least 0.01 ETH into WOOFi’s vault on Arbitrum - Snatch up $20,000 in WOO tokensDrop at least 25 USDC into WOOFi Pro via Arbitrum - Pocket $20,000 in WOO tokensTrade at least $250 equivalent on WOOFi Pro - Win $20,000 in WOO tokens
Psst... each mission caps your rewards at $25 in WOO tokens, giving you the chance to max out at a cool $125 by acing all the missions.
Don't Miss Out on $100,000 in WOO Rewards!
Guides & Handy Stuff: Need a little guidance? Binance has got your back with these helpful materials:
What Is Binance Web3 Wallet and How Does It WorkBinance Research - WOO Network
The Nitty-Gritty: Before you jump in, make sure to give the terms and conditions a once-over. Your ticket to the rewards comes with a side of Binance's Prize Promotion Terms, Terms of Use, and Privacy Policy.
Exclusive Perks: Only users from eligible regions who hit [Join Now], complete KYC, and roll with an active Binance Web3 Wallet get a shot at the rewards. Newcomers? You're in luck – snag a 10% spot trading fee discount by registering for a Binance account.
Claiming Your Bounty: Binance will use the WOO/USDT spot trading pair's closing price on January 8, 2024, 23:59 UTC for reward distribution. Keep in mind, the actual reward value may sway with the market. Expect your token rewards to drop within two weeks post-Activity, and you can track the goodies in Binance Web3 Wallet.
Binance's Word is Law: Binance holds the cards – they can disqualify anyone playing dirty and tweak the rules on the fly. Keep an eye out for changes, and for the latest and greatest info, stick to the English version.
Ready to ride the Web3 wave? Dive into the $100,000 WOOFi Airdrop with Binance now. Your ticket to the future of decentralized finance awaits! 🚀
#Write2Earn #WOO #AirdropAlert #woofi #woofi @WOO Network
WOOFi's synthetic proactive market making (sPMM) algorithm was exploited on Arbitrum to manipulate WOO token prices on WOOFi Swaps. The exploiter was able to borrow WOO tokens via flash loans and sell them at extremely low prices set by the flawed sPMM, before buying them back at very low cost. This netted the exploiter $8.75m in profits.
Teams like Hypernative and Chainalysis quickly spotted the exploit. WOOFi has paused smart contracts and began an investigation, offering a 10% bounty to the exploiter. They aim to resolve issues and redeploy an improved WOOFi Swap in 2 weeks.
#woofi #TrendingTopic #WOO #arbitrum
Teams like Hypernative and Chainalysis quickly spotted the exploit. WOOFi has paused smart contracts and began an investigation, offering a 10% bounty to the exploiter. They aim to resolve issues and redeploy an improved WOOFi Swap in 2 weeks.
#woofi #TrendingTopic #WOO #arbitrum
Cross-chain decentralized exchange WOOFi hacked for over $8M.
The exploiter borrowed ~7.7M WOO as well as some other assets and sold the WOO into WOOFi. At this point WOOFi’s sPMM incorrectly adjusted WOO to an extreme price which was close to zero, and the exploiter then swapped out 10M WOO in the same transaction with almost no cost. The exploiter repeated this attack 3 times within a very short period of time, which netted about $8.75m in profits after returning the flash loans.
The WOO price has decreased by 10% in 24 hours.
#woofi #WOO/BTC #WOOX #woofipro
The exploiter borrowed ~7.7M WOO as well as some other assets and sold the WOO into WOOFi. At this point WOOFi’s sPMM incorrectly adjusted WOO to an extreme price which was close to zero, and the exploiter then swapped out 10M WOO in the same transaction with almost no cost. The exploiter repeated this attack 3 times within a very short period of time, which netted about $8.75m in profits after returning the flash loans.
The WOO price has decreased by 10% in 24 hours.
#woofi #WOO/BTC #WOOX #woofipro
🚨🚨🚨🚨 BINANCE AIRDROP 🚨🚨🚨🚨
Binance Web3 Wallet Airdrop: $100,000 in WOOFi (WOO) Up for Grabs!
#woofi #airdropclaim
Binance Web3 Wallet Airdrop: $100,000 in WOOFi (WOO) Up for Grabs!
#woofi #airdropclaim
