WOO Bi-weekly roundup
The WOO Ecosystem continues to evolve with exciting updates across WOO X and WOOFi, designed to enhance the experience for traders and expand opportunities in CeFi and DeFi. These updates focus on optimizing rewards, improving liquidity, and driving sustainable growth, ensuring long-term value for the entire community.
WOO X gives back to $WOO stakers with extra rewards
As WOO X continues to move away from inflationary rewards, we’re introducing an exclusive reward boost for WOO stakers. From Jan. 23 to Feb. 6, 0.1 bps from all spot and perp trading fees on WOO X will be directed to WOO Stake, aligning incentives with the WOO community and token holders.
How it works
- Every trade on WOO X contributes to the reward pool, which will be distributed after Feb. 6.
- Stakers on both WOO X and onchain via WOO Stake (formerly WOOFi Stake) will benefit.
- Rewards will be calculated post-event and distributed over 1-2 weeks via WOO Stake.
This initiative is a key step toward maximizing WOO staking utility and value accrual, reinforcing WOO X’s long-term commitment to sustainable rewards.
WOO X Social Trading feature is now available on the desktop
WOO X Social Trading is now on desktop, bringing all the mobile platform features to a larger screen for desktop users. Unlike other copy trading platforms, WOO X Social Trading is designed to protect both Lead Traders and Copiers, ensuring a fair and sustainable experience for all.
Key features
- Fair profit sharing: Lead Traders earn only when Copiers profit, thanks to a high-water mark model.
- Curated Lead Traders: Only the top 25% of Lead Traders are featured, ensuring quality and reliability.
- Rigorous screening: Every Lead Trader undergoes a strict evaluation process before being listed.
Try it now and experience a smarter way to trade on WOO X!
WOOFi Swap gets an upgrade: More chains, better Liquidity
WOOFi Swap just leveled up, bringing traders a more seamless and efficient cross-chain experience. This latest upgrade enhances liquidity, expands network support, and improves stability for transactions.
What’s new?
- Cross-chain swaps now support Linea and Mantle, broadening access for users on these ecosystems.
- Stargate v2 liquidity integration, reducing bridging costs and increasing efficiency.
- Improved transaction stability, ensuring a smoother experience for onchain traders.
To use these updates, traders will need to approve a new contract when interacting with WOOFi’s cross-chain swap router. This evolution reinforces WOOFi’s commitment to providing a frictionless, cost-effective trading experience.
WOOFi Pro expands to over 90 onchain Perpetual markets
WOOFi Pro has unlocked new possibilities for traders by offering over 90 onchain perpetual markets across multiple blockchain networks. This update means users can now trade from their preferred chains without limitations.
Supported networks include:
Ethereum, BNB Chain, Solana, Avalanche, and Polygon. Layer 2s like Arbitrum, Optimism, and Mantle. Emerging networks such as Sei, Morph, and Sonic.
By integrating across these ecosystems, WOOFi Pro is bridging liquidity and accessibility, reinforcing its position as a go-to onchain derivatives platform. Traders now have the flexibility to trade perps from virtually anywhere in the crypto landscape.
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