The Best Answer to LiquidityProblem -- Wootrade
1. Introduction of Wootrade
Wootrade is a trading dark pool project hatched by Kronos, a well-known cryptocurrency quantification institution, which mainly provides solutions for three types of Liquidity pain points, such as market maker cost, hedging cost, and trading liquidity. Wootrade relies on the high-frequency trading (HFT) strategy of Kronos organization, which does not charge any transaction fees, but obtains certain benefits while providing liquidity through various market-making strategies.
2. Highlights of Wotrade
-Zero transaction fee and excellent transaction depth experience;
-Attractive token incentive mechanism;
-Core team members are highly professional and experienced in trading and trading product development;
-Investment and cooperation from many institutions;
3. Wootrade token model
WOO token is in total 3 billion pieces, of which private placement accounts for 20%, team part 20%, consultancy 5%, liquidity management 5% and ecological reward part 50%.
4. Token sales and unlocking information
Seed: 1 Woo = 0.01U
Private placement round: 1 WOO = 0.02 U
Public offering round: 1 WOO = 0.03 U
(on October 29th, Gate.io, MXC, HOO, and Bitmart jointly offered shares)
Seed investors are released linearly in 24 months, private investors are released linearly in 6 months, and teams, consultants, and equity investors are released linearly in 48 months.
5. Ways of public offering participation
Gate.io subscription: VIP1 and above users can participate and subscribe for the number of shares according to the number of GT held;
MXC subscription: draw lots in three ways: mainstream currency transaction amount +MX platform currency position +USDT position;
HOO subscription: rush investment mode and super investment mode;
Bitmart subscription: KYC verification is completed and USDT is held.
(For specific participation methods, see the announcement of the official website of each exchange platform in Gate.io/MXC/HOO)
