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What is Woo Network? (Explanation, Consensus, WOO Tokenomics) 1 год назад


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What is Woo Network? (Explanation, Consensus, WOO Tokenomics)

🤔 What is Woo Network? The Woo Network, also known by the market ticker WOO, offers both a centralized and decentralized exchange that specializes in arbitrage and high-frequency trading. The Woo Network looks to bridge the gap between centralized and decentralized exchanges by offering a centralized exchange experience to decentralized users. More specifically, it aims to provide centralized exchange levels of liquidity to its decentralized exchange. This enables DeFi traders to maximize their profits through the lowest swap fee and minimal slippage. 💡 What makes Woo Network unique? Bridging the gap between centralized and decentralized exchanges, at least in terms of user experience, is the unique selling point of this network. Although, its unique selling feature is its clever way of ensuring liquidity, which is achieved by aggregating market depth from larger exchanges and setting up an open liquidity pool with participation from multiple market makers, including its parent company, Kronos Research. By utilizing the reserves of larger companies, Woo Network can more reliably ensure their orders will always be met. 💰 WOO Tokenomics The native token of the Woo Network is the WOO token, and launched with a total supply of 3 billion tokens. WOO is a BEP-20 token, which is a form of token standardization blueprint that ensures compatibility with the Binance Smart Chain. Similar to what the ERC-20 tokens are for the Ethereum Network. 👀 Read More about Woo Network: https://www.iexplaincrypto.com/woo-ne... Timestamps ⏳ 00:00 Intro 00:51 What is Woo Network? 1:55 How does Woo Network work? 5:48 What makes Woo Network unique? 7:01 WOO Tokenomics ❓ Q & As ❓ Start from the basics: 🎬 What Is BITCOIN:    • Bitcoin Explained: From Mysterious Origins...   🎬 What Is a BLOCKCHAIN:    • Blockchain Explained: The Ultimate Guide t...   🎬 Banks vs Cryptocurrencies:    • Say Goodbye to Banks! Discover the Power o...   🎬 Decentralized Finance vs Centralized Finance:    • From Banks to Blockchains: The Epic Clash ...   🎬 Crypto Technical Analysis:    • Cryptocurrency Trading (for Absolute Begin...   🤔 Who am I and why you should subscribe to this channel. Welcome to my YouTube channel! Here, you'll find a collection of educational content covering Blockchain technology, Cryptocurrency topics & NFTs. My goal is to share my passion for learning and help others gain knowledge and understanding on Crypto. As the creator of this channel, I am dedicated to producing high-quality content that is engaging, informative, and easy to understand by using whiteboard animations. Whether you're a crypto-investor, a crypto-user, or simply someone who is keen on learning about this technology, you'll find something valuable here. I believe that education should be accessible to everyone, regardless of their background or level of experience. That's why my channel is designed to be inclusive and welcoming to all viewers. Whether you're a beginner or an expert, I guarantee you'll find valuable and easy to understand content here. Thank you for visiting my channel, and I hope you enjoy the content! Don't forget to like, comment, and subscribe to stay up-to-date with the latest videos! 🫶 Subscribe:    / @iexplaincrypto   🤓 If you enjoy reading instead, click here to visit my Webpage: https://www.iexplaincrypto.com/articles/ 😍 Follow me on Twitter for more:   / vasilis_punk  

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