Ben Yorke (@ben_yorke) • Hey
Doing growth things at WOO Network
Publications
- Back in the top 10 on DeFiLlama for Dex volumes @lens/woofi
- By June 22nd, WOOFi will have given out 6,865 $ARB rewards to those earning yield in Arbitrum Supercharger vaults
Here’s how you too can start getting your hands on some of the 772,621 $ARB that WOOFi was gifted by Arbitrum.
**Turning on the tap**
Monthly $ARB rewards have already begun flowing into the yields of WOOFi’s Arbitrum Supercharger vaults as of May 23rd
There are 3 vaults to choose from - $ARB, $ETH, and $USDC (all of which enable passive earning without risk of impermanent loss)
**The method to our madness**
WOOFi’s foothold in Arbitrum is strengthening and we want to expedite this by attracting and rewarding more Arbinauts with what they love most - $ARB
This kills two birds with one stone as we are also able to simultaneously lessen $WOO emissions
**Sharing is caring**
Supercharger vault incentives are just one of many sources of $ARB that are set to be distributed to WOOFi users in the coming months
From WOOFi Swap to WOOFi Stake - expect to see more $ARB trickling down
**Proud to be a delegate**
Don’t let your voting power go to waste
If you own $ARB but are too busy to participate in Arbitrum governance, we would be honored to be your delegate and vote on your behalf here: https://t.co/Lzes7SJ6MG
- Shorting $APTOS this weekend will make you ____?
- A summary of the trends in DeFi worth closely follow in the year of rabbit was included in this article:
https://woo.org/blog/en/crypto-market-outlook-how-players-will-win-in-2023
1/ higher L2 adoption - with the maturity of rollups and the Proto-Dank Sharding, the scalability of Ethereum will drastically improve. Daily user activities will happen on L2s and the PoS mainnet will serve more as a settlement layer with the utmost decentralization and security.
2/ ppl will be incentivized to adopt self-custody - DEXes still can't compare with CEX in efficiency, UX and cost, but it will follow the same path as CEX space where more users and competitors lead to innovation which drives cost down, and efficiency and UX to a higher standard.
3/ Account abstraction and smart contract wallets will drastically improve onboarding UX for new DeFi users. DeFi’s transparency and immutable on-chain records can be leveraged to build a better credit system with the AA and smart contract wallet as critical building blocks.
4/ The convergence of DeFi and NFT - the lack of utility of NFT becomes more obvious during the bear. However, NFT is a great user engagement tool, so it will be used more by DeFi projects, leveraging the value-creation ability of DeFi to provide sustainable utilities to NFT.
- Love the new update, finally on Orb
- Would love to see mobile apps like @orbapp.lens integrating Ledger Live
- WOO Network's live balance sheet with updating assets and liabilities is probably lens-worthy
https://woo.org/proof-of-reserves/
- Anyone else on Lens in Warsaw? Going to be a long winter
- Yesterday's event showed us how important self-custody is. We should do it with our assets as well as social media.. will start posting more here.
WOOFi (fi.woo.org) was launched Arbitrum yesterday - we have waited for so long before entering the Ethereum ecosystem. WOOFi was first launched on BSC in October 2021 and has processed $2 Billions in total volume across four blockchains. The Arbitrum launch actually comes with a major upgrade in the core sPMM algorithm to make it more efficient.
And on the same day, WOOFI hit $58.5M in 24-hour volume doubling the previous ATH.
- Never a dull day in the crypto world
- Weekends in Warsaw
- Some of these $WOO pumpkins were pretty 🔥
- When will @orbapp.lens support the Ledger Live mobile app?
- Every day i convince another person to get bullish on lens
- I miss the office on sundays
- On WOO Network and our passion for pudgies:
https://medium.com/woonetwork/confessing-our-passion-for-pudgy-penguins-a6fc7b3e344
- 213 claimed so far
https://medium.com/woonetwork/mint-your-magical-woofi-wizard-nft-7a3dd1acfee8
- had a good chat with the interns today
- I just made this tool using EthAlert and Notion APIs, showcasing newly created profiles in realtime on and @lensprotocol
https://ch1rag.notion.site/ch1rag/Latest-lens-Users-a2b3ed8a9832447384ba3cde5fc5817b
- 1 year of $WOO + NEAR Protocol
https://medium.com/woonetwork/celebrating-one-year-with-near-14f5148ba149
- I'd love to know where the $MATIC whales are
- Every week is a whirlwind of activity at $WOO
https://www.getrevue.co/profile/WOO_Network/issues/1-year-of-woo-x-your-woo-network-weekly-1400413
- WOO Network Q3 report
https://coinmarketcap.com/community/post/319691971
- Cross-posting so the Lens world can see more about WOO Network
https://www.getrevue.co/profile/WOO_Network/issues/more-listings-and-arbitrum-support-your-woo-network-weekly-1389642?via=twitter-card&client=DesktopWeb&element=issue-card
- Should have been here 6 months ago