WOO Network - a high liquidity network

WOO Network — a high liquidity network, connecting traders, exchanges, institutions and DeFi platforms with democratized access to best-in-class liquidity and trade execution at lower or zero cost.

Contents:

• General information about WOO Network
• Project features
• WOO DAO
• Tokenomics of WOO Network

General information about WOO Network

The WOO token is used in CeFi and DeFi network products for staking and fee discounts. A diverse set of products and services has been created to interact with retail, institutions, CeFi and DeFi. WOO X — a zero-fee trading platform providing professional and institutional traders with best-in-class liquidity and execution. It has fully customizable modules to customize your workspace. The founders of the project are considered to be a multi-strategy trading company, Kronos Research, specializing in market making, arbitrage, CTA and high-frequency trading (HFT).

Project features

The company currently offers zero commission spot and margin trading in crypto assets, high liquidity and a fully customizable modular interface for the ultimate trading experience for professional and institutional traders.

Main tools:

The WOO Network connects DeFi traders, exchanges, institutions and platforms with democratized access to class-decent liquidity and trade execution at zero or low cost.

WOO DAO

WOO DAO is working to increase community participation to expand the WOO network in the Web3 world. The project aims to be the most forward-thinking and action-oriented community-led organization. It has multiple goals: supporting the growth of the ecosystem and sustainable management of the treasury, while maximizing the long-term value of the WOO token.

On a practical level, the immediate goal of the WOO DAO - to create a sustainable source of income and use it to develop all aspects of the community-driven WOO network. This means using the DAO treasury and network of participants to participate in a range of activities such as providing liquidity, growing crops, managing investments and assets, DAO-2-DAO services, grant and reward programs, marketing campaigns and other growth initiatives.

Tokenomics of WOO Network

The best cryptocurrency exchanges to trade WOO Network Coins currently are Binance, OKX, Mandala Exchange, CoinTiger and Bybit. A total of 3 billion WOO tokens have been created. They are distributed as follows:

• 10% of the tokens - sold in private and public sales;
• 20% - allocated to the Wootrade team;
• 5% - for consultants;
• 50% - dedicated to supporting the WOO ecosystem with the following goals;
• 5% - for liquidity management;

Tokens, allocated for liquidity management, are mostly locked. Cryptocurrency can be used in staking/mining incentive mechanisms to incentivize increased liquidity and flow. It can also help to access and reduce commissions, paid to trading teams in asset management products. The coin can be used as collateral on Wootrade for spot or futures trading. WOO can be accumulated by B2B customers to apply for Prime node status.