Question 1

What is WOO Network (WOO)?

Accepted Answer

WOO Network (WOO) is a deep liquidity network that connects traders, exchanges, institutions, and DeFi platforms, providing democratized access to liquidity, trading execution, and yield generation strategies at lower or zero cost. It offers a range of products and services such as WOO X, a zero-fee trading platform for professional traders, WOOFi, a multi-chain dApp bridging CeFi liquidity into DeFi, and WOOFi DEX, an on-chain order book exchange with a centralized exchange experience. The WOO token is the native utility token of WOO Network.

Question 2

Who created WOO Network (WOO)?

Accepted Answer

WOO Network was developed by Kronos Research, a cryptocurrency trading company led by co-founders Jack Tan and Mark Pimentel. Kronos Research specializes in market making, arbitrage, CTA, and high-frequency trading and has incubated WOO Network since 2019.

Question 3

What is WOO Network (WOO) used for?

Accepted Answer

The WOO token has various utility functions within the WOO Network ecosystem. It offers fee discounts, yield opportunities, and other product-specific benefits. Staking WOO tokens unlocks benefits such as zero-fee trading, referral bonuses, and free withdrawals on WOO X. Staking WOO in WOOFi enables users to capture value from trading fees. Institutional clients staking WOO can receive increased API trading rate limits and fee reductions. Furthermore, WOO token holders gain priority access to new projects on the launchpad. As WOO Network expands its liquidity, exchange, and DeFi services, the utility of the WOO token is expected to grow, offering access to social trading features and institutional-grade earn products. Additionally, the WOO token can be bridged across various blockchains through official bridges for cross-chain compatibility.


WOO	ERC20	ETH	0x4691937a7508860f876c9c0a2a617e7d9e945d4b	2020-10-16
WOO	ERC20	ARB	0xcAFcD85D8ca7Ad1e1C6F82F651fA15E33AEfD07b	2021-06-18
WOO	BEP20	BNB	0x4691937a7508860f876c9c0a2a617e7d9e945d4b	2021-05-23
WOO	ERC20	FTM	0x6626c47c00f1d87902fc13eecfac3ed06d5e8d8a	2021-09-08
WOO	ERC20	POL	0x1b815d120b3ef02039ee11dc2d33de7aa4a8c603	2021-04-09
WOO	ERC20	OP	0x871f2F2ff935FD1eD867842FF2a7bfD051A5E527	2022-11-28
WOO	NEP141	NEAR	4691937a7508860f876c9c0a2a617e7d9e945d4b.factory.bridge.near	2022-02-21
WOOE	ERC20	AVAX	0xabc9547b534519ff73921b1fba6e672b5f58d083	2021-12-02