WOO Network is currently trading at $0.1691, after a price change of 0.65% in the last 24 hours.
Ranked as cryptocurrency #101 by capitalization today, WOO market cap is valued at $276,985,735. WOO trading volume reached $37,571,632 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on WOO coin price prediction page.
What is WOO Network?
WOO Network is a liquidity platform that allows users to access DeFi trading, liquidity, and yield farming. WOO features a decentralized exchange, WOOFi Swap, built on the BNB Chain. The DEX uses the Chain’s proof-of-authority consensus algorithm. The protocol is composed of WOO X, Woodtrade, and WOOFi. WOO X is a free trading protocol, while Woodtrade offers liquidity options for institutional clients. WOOFi comprises an array of DeFi products that focuses on Decentralized finance.
There are 954,707,267.36 circulating WOO tokens from a total supply of 2,989,743,330 and a hard cap of 3 billion. WOO was initially deployed on Ethereum as an ERC-20 coin and hosted on BNB Chain as a BEP-20 token. The coin is also available on Fantom and Polygon with plans to add other blockchains. WOO Network directs half of its revenue monthly to buy back WOO tokens from the market and burn them. WOO can be staked on WOO X trading platform for multiple incentives, including unlocking zero-fee trading, referral rebates, and airdrops. The token is useful for borrowing and lending on DeFi as well as yield farming.
WOO Network was introduced in 2019 by Kronos Research.