WOO released its third quarter report: original reverse copy trading, improved token pledge and destruction mechanism, and expanded ecological cooperation

According to official news, WOO released its Q3 report, achieving milestones in many aspects, including: WOO Ecological Cryptocurrency Centralized Exchange WOO X launched the largest product launch since the futures market. After its launch, the total copy trading assets of its Social Trading Platform exceeded 3 million US dollars, and the total net income generated by copy trading users exceeded 600,000 US dollars. In addition, WOO X pioneered the "Counter Trading" function in the quarter, providing users with a new way to directly copy the portfolios of top traders on the Social Copy Trading Platform. This innovation increases user flexibility, especially when the market is volatile, allowing users to hedge risks or profit from different market forecasts; In the third quarter, WOO token stakers received a total of approximately US$1.14 million in actual income (distributed in the form of USDC). As of now, the total amount of WOO tokens staked on the WOOFi platform has reached 315 million, an increase of 14.2% from the second quarter. To incentivize users to automatically reinvest their earnings into WOO tokens, the WOO ecosystem will match and destroy the total amount of WOO tokens purchased through automatic reinvestment each month. At the same time, in WOOFi's new Stake Surge event, approximately $107,000 worth of OP tokens were distributed to participants in the early stages. In the fourth quarter, WOO X will continue to improve its staking mechanism to end inflation rewards and unify WOO token staking into one on-chain application; The WOO Innovation Hub has successfully established partnerships with partners in twelve different tracks to promote innovation and broaden its ecosystem. In the field of blockchain infrastructure, WOO has partnered with Merlin Chain, Plume, and Kontos to increase transparency and promote the application of Bitcoin's second-layer solutions. On DeFi, WOO provides users with a robust DeFi solution through cooperation with Yei Finance and Bubbly Finance, bringing innovative trading options and higher liquidity. In addition, WOOFi recently launched the Avalanche BOOST event, offering 10,000 sAVAX rewards. In the future, WOO will expand its influence in key regions through strategic listings, exchange activities and community efforts, focusing on future development trends in industries such as DeFi and artificial intelligence. At the same time, it will promote brand upgrades and launch a new woo.org website.