WOO Network (ERC20) (WOO) Crypto Exchange
Instantly exchange WOO Network (ERC20) at the best WOO exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
What Is Woo Network?
The quantitative trading firm Kronos Research created the network in 2019. The team was cognizant of the lack of adequate, payable liquidity across crypto exchanges, be they centralized or decentralized.
WOO Network is a deep liquidity network that links traders, exchanges, and DeFi platforms. It grants users access to market liquidity, trading execution, and yield generation methods at reduced or no cost.
The network’s services (centered around the WOO token) are divided between WOO X, a centralized exchange (CEX); WOOFi, a decentralized exchange (DEX) and staking platform; and WOO Trade, a liquidity pool for institutional clients.
How Does Woo Network Work?
It works together with Kronos Research to gather and combine liquidity through quantitative trading and hedging techniques. This liquidity is taken from many well-known centralized and institutional trading sites, along with the more recent DeFi networks such as Ethereum, BNB Chain, Polygon, and Avalanche.
Those who wish to access the network can do so either directly through WOO X and WOOFi via API or indirectly through DeFi platforms like 1inch, 0x, or Paraswap. Additionally, market makers from other sources like dYdX can also make use of the WOO Network to reduce risk.
Is WOO decentralized?
WOO Network is an infrastructure composed of both centralized finance (CeFi) and decentralized finance (DeFi) components.
Is WOO an ERC token?
The WOO token meets the criteria of ERC-20 and BEP20, and can be exchanged on the majority of prominent trading platforms.
