The Modern Financial Terminal

Trusted by leading companies and financial institutions

BlackRock logoAllianz logoGoogle logoAnthropic logoBloomberg logoRevolut logoNASDAQ logoCoinbase logo
BlackRock logoAllianz logoGoogle logoAnthropic logoBloomberg logoRevolut logoNASDAQ logoCoinbase logo
Analyse
Profile
WOO Stock

WOO

WOO

Price

0.03
Today +/-
+0
Today %
+0 %

WOO Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
DOEXWOO/USDT0.0618,420.6421,762.0712.64 M1.5cex1
AstralXWOO/USDT0.0729,027.7840,609.051.6 M0.25cex6
SuperExWOO/USDT0.073,015.291,685.09814,768.190cex1
MEXCWOO/USDT0.07122,208.59166,125.51533,496.360.02cex495
ToobitWOO/USDT0.07139,049.37135,385.43521,186.460.03cex450
HotcoinWOO/USDT0.074,461.042,526.87520,238.640.07cex227
MillioneroWOO/USDT0.09345,715.13433,049.75519,378.310.04cex229
BinanceWOO/USDT0.0794,130.3114,952.29448,452.480cex596.51
GateWOO/USDT0.0795,711.51108,113.58412,218.390.02cex499
HTXWOO/USDT0.071,592.351,659.62404,953.720.02cex250
1
2
3
4
5
...
11

WOO FAQ

Overview of WOO (WOO)

WOO serves as the utility token across the WOO ecosystem, offering utility, access to yields, and governance rights. It is designed to grow with crypto adoption by capturing sustainable value across various networks. WOO X is a centralized trading platform that offers high performance, delivering superior liquidity, execution, and advanced trading tools across hundreds of spot and perpetual futures instruments. WOOFi is a decentralized application that provides swaps, perpetual contracts, WOO staking, and yield-generating pools, presenting itself as "the easiest way to DeFi." WOOFi is deployed on over 11 major networks, including Arbitrum, Avalanche, Optimism, zkSync, and more. Regularly ranked among the Top 10 DEXs by volume, WOO stands out as one of the few tokens with significant adoption and utility in both centralized and decentralized finance.

What is the Total Circulation of WOO Tokens?

WOO was launched on October 30, 2020, with an initial creation of 3 billion WOO tokens. Since the inception, approximately 25% of the token supply has been burned, resulting in a revised maximum supply of 2.23 billion tokens. Of this supply, approximately 86% have entered circulation. Around 6% of the tokens are allocated for vesting to the team, investors, and advisors, while roughly 8% are reserved for future allocations to the team and advisors. The remaining allocation of 300 million WOO tokens is currently locked. These tokens will remain locked until a decentralized treasury is established and the fully diluted valuation (FDV) reaches specific thresholds. The tranches will unlock at valuations of $4 billion, $6 billion, $8 billion, and $10 billion, respectively. Further details can be found on the WOO token page.

Who Founded the WOO Network?

WOO was established by a team comprised of Wall Street veterans and alumni from Carnegie Mellon University. The organization now functions with a decentralized structure, distributed globally and comprising over 200 members. Key members: * Jack Tan - Co-founder * Willy Chuang - Chief Operating Officer * Bryan Chu - Chief Product Officer * Ben Yorke - Ecosystem Vice President

Where Can WOO Network (WOO) Be Purchased?

WOO is available for trading on a wide range of centralized and decentralized exchanges, including WOO X, Binance, Kraken, Bithumb, OKX, Kucoin, MEXC, Gate.io, Trader Joe, Uniswap, among others. New to cryptocurrency? Read Eulerpool’s accessible guide to purchasing Bitcoin or any other token.

### What is WOO? WOO is a cryptocurrency project designed to offer deep liquidity and efficient trading solutions for institutional and retail investors. The WOO network provides a wide range of financial products and services aimed at optimizing liquidity across various trading platforms. Through its innovative approach, WOO ensures competitive pricing and minimized transaction costs by aggregating liquidity from top exchanges, users, and institutions. By leveraging its robust infrastructure, the network delivers a seamless and effective trading experience for users. For more detailed information about WOO, including its market performance and other metrics, you can refer to Eulerpool.

WOO Network, represented by the WOO token, forms a crucial component of a comprehensive ecosystem aimed at enhancing liquidity and trading experiences in both centralized and decentralized financial environments. The token has multiple functions, including staking for yields on WOOFi, a decentralized platform that offers a range of financial instruments such as swaps and perpetual futures. Furthermore, WOO can be staked on WOO X, a centralized trading platform celebrated for its high performance and advanced trading tools, where users gain the advantage of reduced fees and increased API rate limits. Launched on October 30, 2020, the network initially issued 3 billion tokens. However, a considerable number of these tokens have been burned, reducing the total supply to approximately 2.23 billion tokens, with the majority already in circulation. This adjustment underscores the network's commitment to sustaining a balanced and viable ecosystem. The founding team consists of professionals with extensive expertise in finance and technology, including former Wall Street executives and Carnegie Mellon University alumni. This diverse expertise is reflected in the network's strategy, which prioritizes providing unparalleled liquidity and trading conditions. WOO Network's services are available on multiple trading platforms, catering to various preferences within the crypto community. Whether users prefer centralized exchanges or decentralized platforms, WOO has ensured its presence across key venues to facilitate effortless access and trading. For those considering engagement with WOO or any cryptocurrency, conducting thorough research is essential. The volatile nature of digital assets necessitates a well-informed approach to investment and participation.

How is WOO secured?

WOO Network secures its ecosystem with a comprehensive strategy that incorporates both centralized and decentralized security measures to safeguard its users and their assets. The security architecture of WOO consists of multiple layers, including technological integrations, operational security practices, and adherence to regulatory standards. From a technological standpoint, WOO Network leverages its connections with various DeFi protocols, such as decentralized exchanges and liquidity providers. This integration not only boosts the platform's liquidity but also diversifies risk and secures transactions across multiple blockchains. The decentralized nature of these protocols adds an extra layer of security by minimizing reliance on a single point of failure. On the centralized side, WOO Network employs industry-standard security measures to protect its platform and its users. These measures include two-factor authentication (2FA) to ensure that only authorized users can access their accounts, anti-phishing codes to guard against fraudulent attempts to steal login information, and strong password policies to prevent unauthorized access. Furthermore, WOO Network complies with Anti-Money Laundering (AML) regulations, which enhances the platform's security posture by deterring financial crimes. WOO Network places significant emphasis on deep liquidity and zero-fee trading options. Deep liquidity reduces the risk of market manipulation and ensures that users can execute trades efficiently without significant price slippage. Zero-fee trading options, meanwhile, attract more users to the platform, thus increasing overall security by fostering a more robust and active ecosystem. The WOO Token itself is central to the ecosystem, providing users with various benefits such as staking rewards, fee discounts, and access to exclusive features. This utility not only incentivizes participation in the WOO ecosystem but also strengthens the platform's security by motivating users to hold and stake their tokens, thereby aligning their interests with the network's long-term success and stability. In conclusion, WOO Network's security is realized through a combination of DeFi integrations, stringent operational security measures, regulatory compliance, and the strategic utility of the WOO Token. This holistic approach ensures a secure, competitive, and user-friendly trading experience for all participants within the WOO ecosystem.

What are the potential applications of WOO?

The WOO Network's WOO token plays a pivotal role within its ecosystem, servicing both centralized finance (CeFi) and decentralized finance (DeFi) platforms. It is crafted to enhance user experiences across a range of financial activities, such as trading, staking, and engaging in yield-generating opportunities. In the trading sector, WOO tokens can be employed to receive discounts on trading fees, a benefit designed to stimulate active participation and liquidity provision on platforms like WOO X. WOO X is a centralized trading platform distinguished by its deep liquidity and sophisticated trading features, supporting a diverse selection of spot and perpetual futures instruments with the goal of offering users competitive pricing and execution. For those exploring the DeFi arena, WOO tokens are essential for interacting with decentralized applications (DApps) like WOOFi. Users can stake their WOO tokens to earn yields, perform token swaps, engage in perpetual contracts, and provide liquidity. WOOFi's presence across various blockchain networks, including Arbitrum and Avalanche, highlights its accessibility and utility in facilitating decentralized finance activities. Additionally, WOO tokens are integral in the governance and decision-making processes within the network's ecosystem. By staking WOO, users can take part in governance votes, thereby influencing the development and strategic direction of the network's products and services. Since its inception, the WOO Network has been focused on delivering seamless access to premium liquidity and trading experiences. Its presence in both CeFi and DeFi markets, via platforms like WOO X and WOOFi, demonstrates the token's versatility and the network’s commitment to accommodating a wide range of traders and liquidity providers. As with any cryptocurrency investment, potential users and investors are urged to conduct comprehensive research to understand the risks and opportunities associated with WOO tokens and the wider WOO Network ecosystem.

What significant events have occurred for WOO?

WOO Network has achieved several significant milestones since its inception, reflecting its growth and development within the cryptocurrency ecosystem. Key events include the introduction of WOO Staking, enabling token holders to earn rewards by staking their tokens. This feature enhances the token's utility and incentivizes participation within the network. Another notable development was the integration of WOO into a prominent Web3 Wallet, facilitating easier access and management of WOO tokens for users. This integration signifies recognition and support from established players in the cryptocurrency space, broadening the token's reach and usability. The launch of the WOOFi campaign in collaboration with a major exchange platform underscores WOO Network's efforts to expand its presence and utility. WOOFi, as a decentralized application, offers various DeFi services such as swaps, perpetual contracts, staking, and yield-generating pools across multiple blockchain networks. This positions WOO as a versatile token within both centralized and decentralized finance sectors. The unveiling of WOO X Mobile marks a significant step towards improving accessibility and user experience, offering a mobile platform for trading with high liquidity and competitive price execution. The platform supports a wide range of trading instruments, including spot and futures, and features like copy trading, catering to both novice and experienced traders. WOO Network's foundation in May 2020 and subsequent token launch in August 2020 set the stage for its journey in the cryptocurrency market. The release of the PCE Price Index, along with various new listings and airdrop events, further contribute to the token's visibility and adoption. The network's commitment to providing superior liquidity and trading execution at lower or zero cost is evident through its products and services. With a focus on integrity, user experience, and innovation, WOO Network continues to evolve, offering competitive advantages to traders, exchanges, and institutions. It's important for individuals to conduct thorough research and consider various factors before engaging in cryptocurrency investments.

Investors interested in WOO are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.