fadetocrypto (@fadetocrypto) • Hey
I love building in DeFi
Publications
- Linea, Mantle, BASE, Scroll all launching mainnet this summer? No vocation for multichain dapp builders!
- If $XRP is not a security, we should design all our tokens to be useless.
- Time for airdrop hunters to land in Polygon zkEVM
- 2% annual inflation is the real reason that $MATIC is rebranded to $POL
- Finding assets scattered across various chains to buy more $ETH and keep it on Arbitrum. Why bridge and swap when you can do it in one go.
- twitter prioritizes paid account, bullish @lensprotocol
- gm
- Boy, that’s a lot of zeros…
100,000,000 WOO is now staked on WOOFi 🔥
Cheers to all the Chads earning sweet real yield who’ve made this milestone possible 🤝
- 👋 Can I interest you in some supercharged yield?
WOOFi’s #Arbitrum Supercharger vaults are looking extra juicy today, offering leading APRs and passive, single-sided yield for your #ETH and #USDC
Start earning ➡️ https://fi.woo.org/earn
- gm
- On DeFiLlama, holders revenue means the portion in the swap fees that go to the token holders. WOOFi's fees are still pretty low, but it ranks 14 in terms of holders revenue. 80% of swap fees goes to holders.
- Top form is the new norm for WOOFi
WOOFi’s weekly volume stays above $100M for the fourth week in a row while sPMM v2 is processing more #ETH - #USDC swaps on #Arbitrum than ever as the network’s daily DEX volume surges.
Get more with every swap at fi.woo.org
- FOLLOW TO FOLLOW POST
For those who want more Followers!
Comment "DONE" on this POST!!
We'll FOLLOW all who comment on this POST. Like all comments and make sure to follow back those who liked your comment.
LFGrow!!!
MIRROR and COLLECT!!!
Follow:
https://lenster.xyz/u/diane
- @woofi.lens is hiring:
🔵frontend dev
🔵senior solidarity dev
🔵DeFi technical product manager
- $3 billions ✅
1st 1 billion - 7 months; 2nd - 4 months; 3rd - 3 months.
- Pushing yields to the max on Polygon
Upgrade your earnings with WOOFi’s Polygon Supercharger vaults for #MATIC, #USDC and #ETH featuring single-sided yield and bonus xWOO rewards 💰
Get more with WOOFi Earn ➡️ fi.woo.org/earn
- Pushing yields to the max on Polygon
Upgrade your earnings with WOOFi’s Polygon Supercharger vaults for #MATIC, #USDC and #ETH featuring single-sided yield and bonus xWOO rewards 💰
Get more with WOOFi Earn ➡️ fi.woo.org/earn
- It’s 2024, most new projects choose to launch token on L2 and keep most of the liquidity on L2
- @woofi.lens Earn TVL above $10M, it provides one of the best single sided passive yields for major assets.
Most common passive yield is lending, but the APR and capital efficiency is notoriously low. WOOFi supercharger is special purpose uncollateralized lending to market maker to provide liquidity in WOOFi.
- Gm
- WOOFi now supports OKX!
Starting today, anyone with an #OKXWallet can now experience WOOFi’s unmatched execution and real yields by connecting to fi.woo.org 🔥
- There is always nice yields somewhere. https://fi.woo.org/earn/
- People are asking if @woofi.lens is the official dex of WOOF or WOOFI. if you think yes, just trade on it
- WOO is AI
- WOOFi has officially branched out to Lenster 🌿
To mark the occasion, we're giving you the opportunity to collect this commemorative piece of art
- **Exploring the world of cross-chain swaps - a blog of my reflections on the current state of cross-chain swap user experience**
https://woo.org/blog/en/exploring-the-world-of-cross-chain-swaps-reflections-on-the-current-state-of-cross-chain-swap-user-experience-by-woo-networks-head-of-defi-kevin-feng
- Posting from @orbapp.lens
- 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.
- Trust in CeFi is at a historical low.
The feeling of powerlessness that comes from losing control of one’s assets on centralized platforms is popularizing self-custody and DeFi. Since last year, WOO Network has been shaping a decentralized product line - WOOFi (https://fi.woo.org).
**1. What is WOOFi?**
WOOFi is a suite of products that fulfills users’ financial needs while maintaining self-custody. It strives to onboard more users to DeFi, empower individuals with a UX on par with centralized products, and add more utility to $WOO. (https://www.youtube.com/watch?v=FD8yqvSw6Q0)
**2. How does WOOFi stand out?**
Unlike other dApps, WOOFi is unique in its ability to bridge liquidity between CeFi and DeFi. It’s the unsleeping engine that enables WOOFi to quickly spin up liquidity on multiple chains and grab market share without using $WOO to incentivize TVL.
**3. What has WOOFi achieved?**
WOOFi (Swap) has processed $2.1B in total volume across 5 blockchains and bought back 2M $WOO in just 1 year. Orderly Network also achieved $130M in total volume since Mainnet launched one month ago, and WOOFi DEX is the driving force behind it.
**4. From liquidity pools to user-facing products**
WOOFi once relied upon order flow from Dex aggregators but now most of its volume comes from direct users (both manual and trading bots). Cross-chain swaps and supercharger vaults have shown user stickness.
**5. Capturing a different market with WOOFi Dex (http://dex.woo.org)**
Built on top of @OrderlyNetwork, an orderbook dex will capture users who prefer not to leave their assets on centralized platforms but still like to keep the cex trading experiences.
**6. What's next for Dex**
Self-custodial trading with a CeFi-grade experience is the future and WOOFi DEX can pave the way. As more markets become available as well as perps, we are looking to add utility to $WOO and use the broker rebates to create more value-add to $WOO.
**7. What's next for Swap**
Continue deploying on more L2s and even non-EVMs. By adding support for more assets, increasing the number of cross-chain routes, and eventually adding perps, we can drive WOOFi volume to the next level and generate more real yields for $WOO stakers.
**8. What's next for Earn**
Feedback on Supercharger vaults has been positive, but the UX can definitely be improved. WOOFi users should be able to find vaults with the best yields easily and deposit no matter which chain they’re on - we intend to make this happen.
**9. What's next for Stake**
A $WOO staking revamp is underway. A new and improved version will ultimately make staking more efficient, attractive, and engaging. We have seen great success with WOOFi NFTs, and they will play an important part in the new staking system.
To get more WOOFi updates and alpha, make sure to obtain the WOOFi wizard NFT and join the dedicated channel in our Discord server! https://medium.com/woonetwork/mint-your-magical-woofi-wizard-nft-7a3dd1acfee8
- 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.
- gm