I planned to abandon Figma but I decided to test the MCP with my Starchild agent; it quickly rebuilt our @_WOOFi brand kit
Not quite ready for the big time but for small teams or physical businesses with limited design/marketing experience its an amazing upgrade
Friday night in Asia so wanted to drop a @_WOOFi update:
We deployed the new oracle (see quoted post) and switched over to it yesterday, observing results before adding more onchain RWAs. So far so good, it seems to be performing well.
Main improvement was faster stale pricing protection which is the major source of negative PnL from aggressive bots - the more that's improved, the more we can tighten up quoting and the more we earn, which is good for $WOO buybacks.
We caught up with the major BNB Chain wallets/aggregators to make sure the new oracle was supported. They were quick, as always.
We also spent time talking to exchanges about the visual refresh, got the new icon on Bithumb and Bybit, hopefully a few more big ones soon.
Our next major R&D initiative is around bundling quotes which could make quoting assets even cheaper, potentially allowing us to deploy the PropAMM on Ethereum mainnet where a ton of untapped flow is.
Should know more here in a few weeks.
Anyways, I had Claude slop up an explainer video just in case some of you weren't familiar with how @_WOOFi functions. It wasn't my best work, but for a one-shot it does the trick. Enjoy your weekend if you get one
Most defi primitives have been waiting years for the flows of real non-cyclical assets to make their way onchain
That’s how altseason will finally come back
Today, we began speaking to data sites, exchanges, and other apps about the upcoming $WOO token visual changes.
$WOO is powering WOOFi, our onchain swap and earn protocol for RWAs and Crypto assets.
The real world is coming onchain.
A fresh start
We are still testing our new RWA oracle on BNB Chain, should have some results by midweek
Devs are researching new mechanisms to further reduce gas and bundle quotes to improve liquidity.
There’s no question more of tradfi is coming onchain, we need to be ready
Some significant changes today:
We are introducing a pure $WOO buyback model and sunsetting WOO Stake. Staking has been ineffective at creating demand and the goal is to remove $WOO from the market, modeled on the success of bluechip DeFi protocols. https://t.co/9EoA2SZMwO
I want to clear one thing up, guys: $WOO is the token of WOOFi, a DEX ecosystem, not the WOO X centralized exchange.
Recently, WOOFi DEX enabled stock trading, and I hope we’ll see some good volume flowing into the $WOO ecosystem soon.
Just look at their DEX stats 👀
🔹 $29B in spot volume
🔹 $60B in perpetuals volume
🔹 566M $WOO tokens staked
🔹 15+ chains supported
Trade perps and tokenized stocks, all in one app, using your external wallet.
Keep an eye on the ecosystem. 👀
What WOOFi did this week:
⚫️ Improved Swap pricing on HyperEVM
⚫️ Deployed and tested a new oracle on BNB Chain, which will be the backbone of our bStock liquidity
⚫️ Preparing a new volume tracking API for an updated dashboard
RWAs are coming and WOOFi has the liquidity