So I decided to do a little thread about WOOFi π
π§΅ 1/10
WOOFi is an open source multi-chain #DeFi platform.
It is a #DEX that features efficiently;
a). Cross-chain swaps with the lowest swap fees
b). High liquidity provision with single-sided staking.
All this is at a #CeFi level Price execution.
As we all know; Trading Fees + Gas Fees across different networks can make trading on #DEX much higher
Most #DEX's usually charge traders about 0.3% to compensate Liquidity Providers (LP's) for impermanent loss
WOOFi has three (3) key component;
β’ Swap
β’ Earn
β’ Stake
WOOFi Swap is a multichain decentralized exchange providing users the best quality trade execution & the lowest swap fee in #DeFi trading.
WOOFi Earn features "set-and-forget" type of vaults.
WOOFi supercharger vaults are enabled to combine liquidity provision alongside the auto compounding yield farmed to maximize capital efficiency.
WOOFi simply has the best APR's in #DEFi
WOOFi Stake helps you generate and increase your yields/profits on the $WOO token whenever you stake your $WOO tokens.
At the time of writing this thread π§΅
WOOFi Staking, Earn, and Swap can be carried out on 5 different chains namely;
β’ @avalancheavax
β’ @BNBCHAIN
β’ @0xPolygon
β’ @FantomFDN
β’ @arbitrum
I heard from a WOOFi Wizard more chains will be added soon.
Want to be a WOOFi Wizard and get Alpha leaks on WOOFi and $WOO ecosystem?? See the thread in here ππ½
As WOOFi grows more efficient by the minute, I can say it will boldly compete with #CEX's as it already provides more liquidity at the best and lowest transaction costs.
I hope you enjoyed this thread on WOOFi π§΅
Join me in this game-changing #DeFi trading experience at ππΌ fi.woo.org
Support by retweeting only and also let me know in comments what you'd like to know about @WOOnetwork π§πΎββοΈ
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