Ref Finance Partners with WOO Network

$WOO Liquidity coming to Ref, bridging NEAR and Ethereum ecosystem.

What is WOO Network?

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity, trading execution, and yield generation strategies at lower or zero cost. WOO Network was incubated by Kronos Research, a multi-strategy trading firm that specializes in market making, arbitrage, CTA, and high-frequency trading (HFT), averaging around $5–10 billion of daily trading volume on global cryptocurrency exchanges.

  • WOO X is a zero-fee trading platform providing professional and institutional traders with the best-in-class liquidity and execution. It features fully customisable modules for workspace customisation.
  • WOOFi is a DeFi platform that allows users to swap assets, stake assets, and access auto-compounding yield vaults. WOOFi Swap simulates WOO Network’s CeFi liquidity through the use of custom price data oracles, offering improved capital efficiency than a standard AMM.
  • Wootrade is a gateway for institutional clients such as exchanges to access WOO Network’s liquidity to upgrade their order books to a depth deeper than top exchanges and tighten their bid/ask spread.

Proposal

WOO DAO completed a token swap with the NEAR ecosystem to strengthen the partnership. In order to improve WOO token liquidity on the platform, WOO DAO has passed a proposal to deposit $2M TVL into the $WOO <> $wNEAR pool on Ref Finance, as well as providing liquidity mining incentives alongside Ref. Rewards are ongoing between May 15 and June 1, 2022.

  • $REF 46,859
  • $WOO 44,368
  • $REF 132,601
  • $WOO 125,552

About Ref Finance

Ref’s TVL has grown from 0 to $100M+ in under seven months with a value of $136.4 million, with a cumulative trading volume of $1.6B+. Ref Finance keeps on opening the doors to other ecosystems through partnerships with Celo, Terra, and Allbridge for bridging assets easily and quickly from one ecosystem to another, whilst opening its doors to Solana holders as well.

About WOO Network

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. Its flagship product, WOO X, is a professional trading platform featuring customizable modules and lower to zero-fees complete with deep liquidity. WOO Network was incubated by Kronos Research, a quantitative trading firm generating $5–10B in daily volume.

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Ref Finance

Ref Finance is the starting point to the NEAR Ecosystem with a leading AMM & a synchronous #DeFi Shard.