Question 1

What Is WOO Network (WOO)?

Accepted Answer

WOO Network is a deep liquidity network connecting traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at lower or zero cost. WOO Token is used in the network’s CeFi and DeFi products for staking and fee discounts.

Presently, a diverse set of products and services interfacing retail, institutions, CeFi, and DeFi, have been built:
* [WOO X](https://x.woo.org/en/trade) is a zero-fee trading platform providing professional and institutional traders with the best-in-class liquidity and execution. It features fully customizable modules for workspace customization.
* [WOOFi](https://fi.woo.org) - a decentralized exchange deployed across select DeFi protocols and applications to provide users with enhanced on-chain liquidity and execution. Currently offering swaps, WOO staking and yield-generating pools on BNB Chain and Avalanche.
* WOO Network offers liquidity as a service for institutional clients such as exchanges to upgrade their orderbooks to a depth deeper than top exchanges and tighten their bid/ask spread.

Question 2

How Many WOO Tokens Are There in Circulation?

Accepted Answer

WOO launched on October 30, 2020, with 3 billion WOO tokens created at genesis. 10% of the tokens were sold in private and public sales, 20% are allocated to the team and 5% are for advisors.

50% of tokens are earmarked to support the WOO ecosystem, with the following purposes:
* 25% WOO ecosystem rewards, allocated to incentivize network usage
* 10% Insurance fund, to back user assets on the network
* 10% Ecosystem partners, to reward partners for supporting activities
* 5% WOO Ventures, to invest in early-stage projects with benefits going to token holders

300 million WOO tokens are allocated for the WOO DAO treasury, and are now in an on-chain multi-sig wallet.

Question 3

Who Are the Founders of WOO Network?

Accepted Answer

WOO Network was incubated in 2019 by [Kronos Research](https://kronosresearch.com/), a multi-strategy trading firm that specializes in market making, arbitrage, CTA, and high-frequency trading (HFT), averaging around $5-10 billion of daily trading volume on global cryptocurrency exchanges.

Question 4

Where Can I Buy WOO Network (WOO)?

Accepted Answer

WOO is available for trading on a growing number of CEXes and DEXex, including
[WOO X](https://x.woo.org/spot), [Binance](https://www.binance.com/en/trade/WOO_USDT), [Kraken](https://www.kraken.com/prices/woo-woo-network-price-chart/eur-euro?interval=1m), [Bithumb](https://en.bithumb.com/trade/order/WOO_KRW), [Huobi Global](https://www.huobi.com/en-us/exchange/woo_usdt), [OKX](https://www.okx.com/trade-spot/woo-usdt), [Kucoin](https://www.kucoin.com/trade/WOO-USDT), [MEXC](https://www.mexc.com/es-ES/exchange/WOO_USDT), [Gate.io](https://www.gate.io/trade/WOO_USDT), and other.

New to cryptocurrency? Read CoinMarketCap’s [easy guide](https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.

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What Is WOO Network (WOO)?

How Many WOO Tokens Are There in Circulation?

Who Are the Founders of WOO Network?

Where Can I Buy WOO Network (WOO)?

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