CoinVoice has recently learned that WOO released its third quarter summary for 2024, and WOO X launched the social copy trading platform WOOFi. The total amount of WOO tokens staked on WOOFi exceeded WOO X.
In the third quarter, the platform reduced latency by nearly 20%, improved its crypto asset custody capabilities through Fireblocks, and partnered with Sumsub to simplify the KYC process. WOO X also launched the innovative "CounterTrading" feature, which allows users to directly reverse the investment portfolios of top traders.
At the end of Q3, approximately 295 million WOO tokens were staked on WOO X, and another 313 million were staked on WOOFi. Overall, this is a 7.4% increase from the previous quarter and represents 33.4% of the circulating supply.
In addition, WOO Innovation Hub has successfully established partnerships with partners in twelve different tracks to develop and expand its ecosystem. [Original link]
