NIGERIANS , MANY OF US DON'T LIKE READING A LONG POST , DON'T COME UNDER MY POST TOMORROW TO SAY THAT I DIDN'T MENTION IT
This is another detaiied fundadamental Analysis that was carried by a member of the Coderstech Academy Research Team
Make sure you don't miss this WOO network
Now can you walk with me ?
The WOO token is the native token of the WOO Network, a deep liquidity network that offers both centralised and decentralised services.
Its main product is WOO X, a zero-fee crypto trading platform that also serves as a liquidity aggregator for digital assets.
WOOFi is the decentralised finance (DeFi) arm of WOO Network and assists decentralised exchanges by providing liquidities on-chain.
WOO Network’s ambitions are to become a major player in CeDeFi (the bridge between centralised and decentralised finance).
WOO Network was founded by Kronos Research.
There is a maximum supply of 3 billion tokens. This number will gradually decrease via monthly token burns until 50% of the max supply is burned.
In October 2021, WOO Network announced the alpha launch of WOOFi Swap, a decentralised exchange platform running on Binance Smart Chain (BSC).
The launch of WOOFi Swap's native algorithm, termed Synthetic Proactive Market Maker (sPMM), is the company's key innovation. According to WOO Network, sPMM has considerably more capital efficiency than all other DEXs on the BSC chain.
WOO Network seeks to decrease market inefficiencies and disrupt crypto markets by solving a significant cryptocurrency issue: liquidity fragmentation. Its overarching purpose is to standardise liquidity
Woo Network Collaboration :
1) WOO Network partners up with Ref Finance
> $WOO Liquidity gets a jumpstart in the NEAR Ecosystem with a farm on Ref Finance.
>As the multi-chain world continues to expand, WOO Network aims to closely align with the top layer one networks.
>With Ref Finance being one of the largest DEX’s native to NEAR, WOO DAO can improve WOO tokens liquidity on the network through their platform.
WOO DAO has passed a proposal to deposit $2M TVL into the WOO/NEAR pool on Ref Finance, as well as providing liquidity mining incentives alongside Ref.
2) WOO Network has joined FinTech Poland Ecosystem aimed at sharing key insights into the innovative, secure, and responsible crypto assets market in the country.
3) WOO Network, a top 10 crypto trading platform, has secured approval of its anti-money laundering (AML) registration application with Taiwan's financial regulator.
>The crypto trading firm is the only foreign applicant that is included in a list of 24 registered virtual asset providers or VASPs released by the Financial Supervisory Commission (FSC) of the Banking Bureau of Taiwan.
4) Bitget Announcing Partnership with WOO Network.
>To optimize users’ trading experience, Bitget will be integrating WOO Network’s liquidity solution on its spot markets. Deep liquidity is essential for accommodating higher trading volume and more price-sensitive traders, allowing Bitget to offer precise trading execution.
5) Liquidity Provider Woo Network Secures $12 Million From Binance Labs
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After providing liquidity to Binance Smart Chain in 2021, Woo Network’s Series A+ funding round gains a $12 million injection from Binance Labs.
Conclusion on The wOO Network.
* The collaborations is mind blowing . The WOO token is bigger than I ever thought. I will start accumulation ASAP
