Introduction to the Ultimate Ecosystem of WOO Network!
Woo Network has already attracted $30 million from strategic partners such as Three Arrows Capital, Gate Ventures, Crypto.com Capital, Avalanche and Bittorrent in November 2021. There are still many people who have yet to know only one centralization exchange or DEX to solve the problem of CEFI and DEFI vaguely, but the facts are not true.
Launch of WOO network
Fluid proprietary problem
Today, 70% of the amount of cryptographic trading volume is concentrated on the TOP 3 centralization exchange, and the remaining 30% are distributed to multiple tier 2 exchanges.
If you want to deal with a low sleeve because of these liquidity proprietary issues, You can use a large exchange or choose from an option that uses the OTC transaction (OTC). As a result, liquidity and users continue to lead to a vicious cycle that naturally promotes the proprietary phenomenon of large exchange.
In the end, small exchanges should boost the liquidity of orderbooks depending on the external service that is self-maker or receiving high commissions. Self-market making means that it will bear high hedge costs in that exchange. Hedgeing is very important for financial reliability in a very large cryptographic market, by changing the risk through opposite position transactions on the auxiliary platform to avoid disadvantic price variation risks and protecting assets.
Liquidity: How deep is the most important factor in maintaining customer customers.
Market Maker: External Third Party Market Maker is unable to make it impossible, and it is a high cost and big risk to proceed with internal market making.
Hedging: Hedging the Market Maker Risk Through the Exchange is the cost burden due to a high fee.
Necessity of liquidity solution (Liquidity AS A Solution)
In order for the CEFI-defi-to-use platforms, the liquidity solution (LAAS) may serve as a solverage of these market problems, in order to make the available platforms.
WOO Network solves liquidity proprietary issues through provision of liquidity-as-a-service (LAAS) that enables more free access to liquidity. Small or new transactions can be risk hedged at a lower cost without having to worry high commission burdens and sliceries in other large exchanges through API integration.
Woo Network's partner exchanges will enable customers to provide customers with minimal sliceries to make large deals that correspond to hundreds of thousands of dollars. For example, if a large order is accepted in a partner exchange such as Gate.io, MXC, it will handle the order through the fluent pool of Wootrade.
Woo Network
Woo network is a trading platform that allows you to freely use rich liquidity that can be used for a much tight spreading spreads to a much tight spread compared to the major exchanges of the institutions, exchanges, trading teams, and DEFI platforms.
Woo Network Website: https://woo.org/
Using a fully redesigned incentive mechanism, we are troubleshooting the fluidity, agencies, and backlighting problems that are experiencing exchange, agencies, and private traders, and the CEFI and DEFI orders generated from partners are routed to WOO networks, and are dealing with more than $400 million trading volume.
Services on the WOO network can be divided into three large things as follows:
WOO X (CEFI): CEFI flagship platform that sours liquidity on WOO networks targeting professional traders, individual investors, and exchange customers. WOO X is a combination of industry-leading market makers and global liquidity pools and quant trading strategies.
WOOTRADE (B2B): Provides the best liquidity at the industry's lowest cost through the API with partner exchange and institutional destinations of WOO X. Various exchange such as MEXC, Gate.io, etc are participating as a customer.
WOOFI (DEFI): A Multi-Chain Centralization Exchange (DEX) platform that provides fluidity in on-body. 0X, Paraswap, 1Inch, etc. Routing the liquidity of various DXs, such as DODOCH, providing more efficient transaction experience for users.
The WOO token has the following functions in the CEFI and DEFI products and services provided by WOO Network, and a governance token that can be used to a variety of utility tokens, and the governance token that can participate in the decisions related to the governance of WOO DAO.
Woo X customers can receive fees discounts, depending on the quantity of the WOO token, and the fee rate of up to 0% is applied. Some of the tokens of the initial invested projects in Woo Ventures are allocated to the WOO token's staging. If WOOFI stakes WOO tokens, you can get some of the swap fee as revenue and you can get additional WOO tokens in promotion progress. Rari Capital offers WOO tokens as collateral and get a loan.
Wootrade's token listing, the core decisions of the protocol are determined through the governance vote of Woo DAO. If you are staking a WOO token from WOO X or WOOFI, you can participate in a governance decision. 50% of the revenue from WOO network services are used for bibliography and incineration of WOO token. In 2021, about 9.5 million WOO tokens have been buffered and incinerated for a year.
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