WOOFi Pro's second quarter trading volume reached $24 billion, a 375% increase from the previous quarter

According to official news, WOOFi Pro’s transaction volume reached $24 billion in the second quarter, a 375% increase from the previous quarter. The quarterly report shows that the WOO ecosystem plans to reduce the release of WOO tokens used as trading incentives for WOO The annual inflation rate of the currency will drop to approximately 5%. In addition, WOO Key areas for more growth. Chief Product Officer Bryan Huang emphasized that designated market makers have increased their participation in WOO X, with depth and liquidity significantly improved, slippage on major trading pairs significantly reduced, and platform latency significantly improved. Ben Yorke, Vice President of WOO Ecosystem, said that WOOFi is about to conduct a series of deployments, including its first non-EVM, aiming to increase protocol transaction volume and expand coverage in different ecosystems. “The next phase of WOOFi will expand to new networks and add features like Swap functionality, significantly extending the original sPMM. A series of expansions, including our first non-EVM network, will bring us new users group, while strengthening the fundamentals of the entire WOO ecosystem by increasing DeFi market share.”