WOOFi Pro Integrates with Avalanche, Unlocking Faster and More Affordable DeFi Trading
November 19 2024 - 4:22AM
WOOFi, the decentralized exchange (DEX) protocol under the WOO
ecosystem, is pleased to announce the integration of
WOOFi
Pro with Avalanche. This strategic expansion introduces
native deposits and withdrawals via Avalanche,
enabling users to enjoy faster and more cost-effective DeFi trading
experiences.
Avalanche is celebrated for its sub-second
transaction finality and ultra-low fees, making it an ideal
blockchain for expanding WOOFi’s ecosystem. With this integration,
WOOFi Pro users can seamlessly transact across one of the most
advanced and developer-friendly blockchain networks, enhancing
crosschain trading efficiency.
“Avalanche’s speed, security, and scalability align
perfectly with WOOFi’s mission to empower traders through
innovative DeFi solutions. Avalanche is one of the few networks
that prioritizes onboarding of mainstream users via verticals like
institutional DeFi, gaming, and more - as such it’s imperative we
give Avalanche users a native experience,” said Ben Yorke,
VP of the WOO Ecosystem.
WOOFi Pro on Avalanche introduces native deposits
and withdrawals, allowing users to interact directly with the
Avalanche network without relying on bridging solutions, thereby
minimizing associated costs. With Avalanche’s industry-leading
transaction finality, traders experience near-instantaneous
execution with minimal latency, ensuring seamless trading
operations. Additionally, Avalanche’s ultra-low gas fees provide a
cost-efficient environment, maximizing value for traders. This
integration empowers both individual and institutional users with
advanced DeFi trading tools, combining enhanced scalability, speed,
and affordability to deliver an unparalleled trading
experience.
This launch represents another milestone in WOOFi’s
continuous efforts to build a crosschain future for decentralized
trading. With over $48 billion in cumulative trading volume and
support for 12 blockchains, WOOFi remains a leading player in the
decentralized trading space.
The addition of Avalanche to WOOFi Pro not only
broadens accessibility but also underscores WOOFi's commitment to
providing unparalleled trading experiences. Whether users are
trading simple swaps, crosschain assets, or perpetual futures, the
integration ensures Avalanche’s seamless performance boosts the
efficiency of every transaction.
Contact Us: ecosystem@woo.network
About WOOFiWOOFi is a leading
decentralized exchange (DEX) with over $48B in cumulative trading
volume and more than 250k monthly active users. It supports 12
blockchains and offers a diverse range of products, including earn
vaults, simple swaps, crosschain swaps, and perpetual futures. The
native token of WOOFi, WOO, can be staked to share 80% of all
protocol fees.
Disclaimer
The content above is neither a recommendation for
investment and trading strategies nor does it constitute an
investment offer, solicitation, or recommendation of any product or
service. The information provided in this article is for general
informational purposes only and does not constitute financial,
investment, legal, or professional advice of any kind.
Cryptocurrencies involve significant risk and are
NOT suitable for the majority of investors. The value of digital
currencies can be extremely volatile, and you should carefully
consider your investment objectives, level of experience, and risk
appetite before participating in any staking or investment
activities. We strongly recommend that you seek independent advice
from a qualified professional before making any investment or
financial decisions related to cryptocurrencies. We shall in NO
case be liable for any loss or damage arising directly or
indirectly from the use of or reliance on the information contained
in this article.
The collaboration between WOOFi and Avalanche
highlighted in the content above does not indicate in any way that
WOO provides, or will provide financial service. WOO does NOT
endorse, guarantee or provide advice for any products or services
of its business partners. This cooperation shall in no event be
interpreted as an assurance or guarantee for the listing of any
tokens, whether presently existing or to be generated in the
future, on WOO X or any associated exchange platforms, nor does it
imply any commitment from WOO X to list any tokens on its platforms
or others. The decision to list any tokens is governed by and
subject to a series of separate criteria and procedures,
independent of this cooperation or business partnership.
Nothing in this article or any related content
shall be construed to create or suggest the existence of a
partnership, joint venture, agency relationship, or any form of
legal association between WOO and Avalanche. Each party is an
independent entity, acting solely in its own capacity, and is
responsible for its own actions, decisions, and associated risks.
The collaboration mentioned does not imply any form of shared
liability or financial obligation, and each party will bear its own
risks and responsibilities. Furthermore, this article should not be
interpreted as providing any guarantees regarding the outcome of
any business ventures or collaborations mentioned, nor shall be an
indication of guaranteed success or profitability for either WOOFi,
WOO X or Avalanche, or any of their business partners.
A photo accompanying this announcement is available
at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8710c21e-19e2-4814-ace5-0b599a190036