WOO

What Is WOO (WOO)?

WOO powers all the apps in the WOO ecosystem, granting utility, access to yields, and governance rights. With sustainable value capture across most networks, WOO is designed to grow alongside crypto adoption.

WOO X is a high performance centralized trading platform, delivering superior liquidity, execution and advanced trading tools on hundreds of spot and perpetual futures instruments.

WOOFi, a decentralized application offering swaps, perps, WOO staking, and yield-generating pools, positions as being “the easiest way to DeFi.” WOOFi is deployed on 11+ mainstream networks including Arbitrum, Avalanche, Optimism, zkSync, and more. WOOFi is regularly a Top 10 DEX by volume, making WOO one of the only tokens that has strong adoption and utility in both CeFi and DeFi.

How Many WOO Tokens Are There in Circulation?

WOO launched on October 30, 2020, with 3 billion WOO tokens created at genesis. Since then, around 25% of the supply has been burned, leaving a new max supply of 2.23 billion. Of these, around 86% have entered circulation, with ~6% vesting to team, investors, and advisors, and ~8% reserved for future team and advisors.

The remaining 300m allocation of WOO tokens is locked, until a decentralized treasury is established and the FDV hits certain thresholds. These tranches can unlock at $4b, $6b, $8b, and $10b respectively.

More information is available on the WOO token page.

Who Are the Founders of WOO Network?

WOO was founded by a group of Wall Street veterans and Carnegie Mellon University alumnus. The company now operates in a decentralized structure distributed globally with over 200 members.

Key members:

• Jack Tan - Co-founder
• Willy Chuang - Chief Operating Officer
• Bryan Chu - Chief Product Officer
• Ben Yorke - Ecosystem VP

Where Can I Buy WOO Network (WOO)?

WOO is available for trading on nearly every centralized and decentralized exchange, including WOO X, Binance, Kraken, Bithumb, OKX, Kucoin, MEXC, Gate.io, Trader Joe, Uniswap, and others.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.