VICTORIA, Seychelles, June 18, 2024 (GLOBE NEWSWIRE) -- WOO, an ecosystem of aligned products, including the WOOFi protocol and WOO X, a top global crypto centralized exchange, announces a new strategic partnership within the WOO Innovation Hub: BlasterSwap, the second-largest spot DEX on Blast L2, renowned for having the largest community in the ecosystem with 35,000 unique users.

"We're thrilled to announce the partnership between WOO and BlasterSwap within the WOO Innovation Hub Program. We aim to bolster the Blast ecosystem through collaborative initiatives driving mutual growth and innovation. Our shared commitment involves creating value for BlasterSwap users and WOO token holders while expanding our global network to foster a stronger community,” said Abby Huang, Ecosystem Lead at WOO.

BlasterSwap began as a V2-style DEX and has impressively evolved into a comprehensive DeFi station. It boasts the first Blast-yield compatible V3, a launchpad, and an aggregator as part of its ambitious roadmap. Demonstrating its innovative prowess, BlasterSwap recently launched a community meme coin, raising 3,500 ETH in just 24 hours and attracting thousands of new users.

BlasterSwap unveiled its V3 platform, the first PvP V3-style DEX natively compatible with Blast Native Yield and rebasing tokens. This launch has already resulted in a 300% increase in daily trading volume. With the upcoming TGE of Blast in June and BlasterSwap in July, it's worth mentioning that BlasterSwap has been the most efficient spot DEX to farm Blast Gold and native rewards in the past months.

Launched in April, the WOO Innovation Hub aims to support promising protocols within high-growth sectors such as RWA, DeFi, AI, BTC Layer-2, and DePIN by providing expanded coverage and proactive assistance. Already in the WOO Innovation Hub are strategic partners like Merlin Chain, a leading Bitcoin Layer 2 protocol, and GMCI, a top-notch venture providing comprehensive financial services and index products.

WOO is an ecosystem of aligned products, including the WOOFi protocol, a leading DEX protocol with over $13B cumulative trading volume and 250k+ monthly active users, and WOO X a top global crypto centralized exchange - all centered around providing innovations and tools to users while creating more utility for the WOO token.

Contact us: ecosystem@woo.network

About WOOFi

WOOFi is a leading DEX with over $14B cumulative trading volume and 250k+ monthly active users. It supports 11 blockchains and boasts a diverse range of products that include earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi is WOO and it can be staked to share 80% of all protocol fees.

Disclaimer

The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment 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.