WOO Network (WOO) is a platform that connects centralized (CeFi) and decentralized (DeFi) exchanges, offering deep liquidity and competitive transaction fees.
Founded in 2019 by Kronos Research, WOO Network provides trading services for both individual and institutional traders, facilitating access to high liquidity markets and efficient execution of trades.
Main Features:
Centralized Exchange (WOO X): WOO X is the centralized trading platform of WOO Network, offering high liquidity, low fees, and a robust interface for technical analysis. Users can access real-time testing of reserves and liabilities, ensuring transparency in operations.
Decentralized Exchange (WOOFi): WOOFi is the decentralized exchange arm of WOO Network, enabling cross-chain functionality, providing a trading experience similar to centralized exchanges while allowing users to maintain custody of their assets.
WOO Token: The native token of WOO Network, WOO, is used to pay transaction fees, participate in network governance, and stake on various DeFi platforms. WOO holders can earn rewards of up to 80% of all swap fees generated on the WOOFi platform.
Utilities of the WOO token:
Payment of transaction fees: Users can use WOO to pay transaction fees on WOO Network platforms, obtaining discounts and additional benefits.
Participation in governance: WOO holders can participate in key decisions regarding the development and updates of the platform, promoting an active and engaged community.
Staking and yield farming: WOO can be used for staking on various DeFi platforms, allowing users to earn additional rewards and participate in liquidity provision.
Technical Document:
WOO Network has a whitepaper that details its architecture; you can consult the full technical document on the official WOO Network website.
Annual price evolution of WOO:
This is a list of the approximate price of WOO at the end of each year since its launch:
2020: $0.10
2021: $1.00
2022: $0.50
2023: $0.30
2024: $0.22 (as of December 21)
* WOO Network offers a comprehensive solution for cryptocurrency trading, combining the advantages of centralized and decentralized exchanges.
With a focus on deep liquidity, competitive fees, and community participation, WOO Network positions itself as a versatile platform for traders and investors in the cryptocurrency ecosystem.
$WOO