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What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

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2024-07-16 05:52:59952browse

The full English name of WOO coin is WOO Network. In fact, this WOO Network brings together global liquidity, top market makers and quantitative trading strategies to provide low cost and sufficient volume for exchanges, wallets, DeFi platforms and large traders. trading depth. WOO Network is incubated by Kronos Research, one of the world's top digital currency market makers and quantitative trading companies. Its daily trading volume can reach 5 billion to 10 billion US dollars. The company's goal is to provide the best liquidity that can be accessed independently through a variety of ecological products. Sex, trading and profit strategies. Many investors want to know more about the issuance and circulation of this WOO coin? Let me introduce it to you below.

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

What is the issuance and circulation of WOO coins?

The circulation of WOO coins is 3,000,000,000 WOO, and its circulation is 1,145,231,208 WOO. There are now hundreds, if not thousands, of cryptocurrency exchanges to choose from. WOO Network is part of this ecosystem, but it offers unique features beyond the traditional crypto exchange model. If you’d like to learn more about one of Binance Labs’ investments, you’ve come to the right place.

WOO Network is a deep liquidity network connecting traders, exchanges, institutions and DeFi platforms. It provides democratized access to market liquidity, trade execution, and revenue-generating strategies at lower or no cost.

WOO Network was incubated in 2019 by Kronos Research, a quantitative trading firm that has long been a leading market maker on all major exchanges, generating $5-10 billion in daily trading volume. Through these years of crypto experience, the Kronos team noticed a key shortcoming – the illiquidity and unaffordability of many crypto exchanges, both centralized and decentralized.

Subsequently, Kronos helped launch the WOO Network, which now offers a suite of products that bring better liquidity to users at lower or even zero fees. Binance Labs led WOO Network’s Series A+ financing with an investment of US$12 million in January 2022.

WOO Coin Project Introduction

WOO Network divides most of its services into centralized exchange (CEX) WOO X and decentralized exchange (DEX) and staking platform WOOFi. WOO Network offers WOO Trade to institutional clients, allowing partner exchanges to integrate WOO Network's liquidity into their services via API.

WOO Network partners with Kronos Research to aggregate and consolidate liquidity using quantitative trading and hedging strategies. Liquidity is sourced from many leading centralized and institutional trading platforms and, more recently, aggregated through DeFi networks such as Ethereum, BNB Chain, Polygon, and Avalanche. Clients connect directly to the network via API or via the GUI on WOO X and WOOFi. Others connect indirectly through DeFi platforms such as 1inch, 0x or Paraswap.

Market makers from other platforms such as dYdX can also use WOO Network as a place to hedge their risk exposures. The zero-fee model and favorable terms for accepting orders are ideal for low-cost hedging. Trading volume has been growing steadily, reaching $2.5B in 24-hour trading volume by mid-September 2021, driven by the exponential growth of popular platforms such as dYdX.

How to buy WOO coins?

1. Open the official website of OKX Exchange (click here to register), click the [Register] button on the upper right side of the page to enter the registration page, and enter your email address on the homepage. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes.

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

2. Then enter your mobile phone number, click "Verify Now", enter the six-digit verification code received on your phone, the validity time is also 10 minutes

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

3. Click [Personal Center] in the upper right corner Find [Identity Verification] and follow the prompts to verify your identity. The higher the verification level, the more favorable the matching merchant will be

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

4. Click [Discover] - [Market] on the homepage to enter the market page

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

5. On the upper right Search WOO Network currency for short WOO

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

6. Click the [Transaction] button on the right side of the currency to enter the transaction page

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

7.填写好购买WOO数量,点击买入即可。(注意:WOO最小交易数量为10WOO)

What is the issuance and circulation of WOO coins? Introduction to WOO coin issuance and circulation

上述内容就是小编对于WOO币发行量和流通量是多少这一问题的详细阐述。通过该项目,大家从WOO Ventures早期项目投资中获得的部分代币将分配给WOO X上的WOO代币质押者。您也可以将您的WOO质押在WOOFi上,并从Swap和Earn产品的费用中赚取收益。还可以使用自己的WOO进入SushiSwap、Uniswap、PancakeSwap等交易所的流动性池和农场,这些提供了跨多个区块链的机会。大家还可以使用您的WOO作为加密贷款的抵押品,并将其借给其他用户。

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