News & Insights

Gear up for WOOFi's Avalanche Trader NFT

Gear up for WOOFi's Avalanche Trader NFT

Keep your cool, and complete the next task in WOOFi’s Wizardry School to take home the Avalanche Trader NFT!

Welcome to WOOFi’s School of Witchcraft and Wizardry

WOOFi’s School of Witchcraft and Wizardry is in session, here to train you in defence against the dark arts of poor price execution, MEV attacks and cumbersome cross-chain swaps. Master WOOFi’s magical features, collect limited-edition NFTs and graduate from the School with a very special WOOFi Wizard NFT!WOOFi Witches and Wizards will receive ‘wand-erful’ treatment in the WOO Network Discord, with an exclusive Discord role and channel, as well as the potential for other exciting rewards in the future! Such sorcerous on-chain skills however can only be earned by developing a deep understanding of WOOFi, including its unique centralised sPMM liquidity

A lesson on liquidity

Unlike traditional AMM-based DEXs, WOOFi leverages professional market makers such as Kronos Research to bridge CeFi prices into DeFi. This means you can trade in size, at CEX rates, all while keeping complete custody of your assets.

Such on-chain pricing is hard to beat, which is why much of WOOFi’s volume on Avalanche is routed through DEX aggregators (services that calculate the very best crypto prices across decentralised exchanges, and reroute trades between them). The takeaway here is simple: no matter where you swap, WOOFi’s sPMM liquidity will likely come out on top, giving you the very best bang for your buck.

To showcase this, we’re giving you the chance to earn yourself the Avalanche Trader NFT by completing one trading task:

Achieve $50 total trading volume on Avalanche through WOOFi!

You may swap via WOOFi directly, or from any of our partnered DEX aggregators on Avalanche including Paraswap, 1inch, Matcha, OpenOcean and YieldYak, provided the trade is processed by WOOFi’s sPMM liquidity.

Assets supported by WOOFi include AVAX, WBTC, USDC, USDT, WETH.e and WOO.e so make sure to choose one of these pairs if you’re swapping via an aggregator!

That’s all! Once you’ve completed this task, visit our campaign page and claim the third NFT in the WOOFi Wizard series. Congratulations, you are officially one step closer to becoming a fully-fledged WOOFi Wizard.

Campaign period: August 23rd until further notice.

Two previous NFTs you can win this ease

If you’re new, and uncertain of what to do, start by collecting the previous two NFTs released by WOOFi’s School of Witchcraft and Wizardry — the Polygon Adventurer and BSC Supercharger. Follow the simple steps to master the art of cross-chain swapping and single-sided staking, and keep your WOOFi NFT collection up-to-date.

The fourth and final NFT will be revealed soon, so stay tuned, and see you soon!

Stay tuned for all of WOO Network’s exciting developments!

The content above is neither a recommendation for investment and trading strategies nor does it constitute an offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.

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