WOO Chief Operating Officer Explains Company Strategy and Industry Outlook

Recently, a cryptocurrency news platform conducted an exclusive interview with WOO's Chief Operating Officer, Willy. In the highly competitive crypto market, WOO has chosen a strategy of differentiation through innovation, particularly by introducing unique features such as reverse copy trading in its newly launched social trading product, aimed at providing users with more flexible risk management and profit distribution options. Furthermore, WOO has demonstrated its commitment to promoting healthy market development by adjusting its token economic model and improving liquidity solutions.

Willy emphasized the importance of integrating AI technology to simplify DeFi operations in order to enhance user experience. He believes that the fusion of AI and cryptocurrency should not merely remain a conceptual hype, but should become one of the driving forces for industry advancement. However, he also pointed out that the balance between centralization and decentralization faced when integrating AI with the crypto world will be a significant challenge in the future.

The following are the main points of the interview:

WOO Business Layout

Willy introduced that WOO has two products, WOO X and WOOFi, which are centralized and decentralized exchanges, respectively. The daily trading volume of the two platforms is around 700 million to 1 billion USD. WOO X focuses on social trading and targets professional traders. WOOFi focuses on cross-chain Swap and currently supports 11 EVM chains, with Solana chain support coming soon. In addition, WOOFi's decentralized contract trading has performed well in the past six months, with a market share of about 3%. The WOO token has been online for over three years and is listed on major exchanges.

Social Trading Product Features

Regarding the newly launched social trading product, Willy stated that its main features include:

1. Reverse copy trading function: allows copy traders to flexibly choose whether to operate in the opposite direction based on market conditions, reducing the pressure on the lead trader.

2. Risk Control: Users can adjust for different positions, set stop-losses, etc., to control risks.

3. Fair profit-sharing mechanism: Based on the comparison of the lead trader's continuous two PNLs to distribute profits, ensuring fairness.

Willy emphasizes that social trading is different from simple copy trading; it includes more social elements and may evolve into a social game.

Token Economic Model Adjustment

WOO recently locked about 20% of the token supply in the treasury, aiming to reduce the inflation rate and demonstrate the project's long-term development vision. Willy stated that this initiative is to position WOO on the "fundamentally strong" side, showcasing the project's emphasis on fundamentals.

Liquidity Measures

In terms of liquidity, WOO has partnered with over half of the top 15 market makers. WOO X offers the DMM Program, covering both large and small cryptocurrencies and contract trading. WOOFi has been technically optimized, such as SPMM supporting multiple chains, and has deep cooperation with Orderly to provide better services.

Future Development Direction

Willy is optimistic about the development of three sectors: DeFi, AI, and Social. He believes that AI can simplify cryptocurrency operations and lower the entry barrier, but it also faces the challenge of balancing centralization and decentralization. In terms of social aspects, Willy envisions the emergence of a new type of social form based on AI agents in the future, involving interactions between machines and generating monetary and social feedback.

Market Outlook

Regarding the market trend, Willy believes that technological innovation and product experience innovation are key. He stated that if continuous innovation is observed, the market outlook will be more optimistic. The current "homogeneous competition" may drive all parties to differentiate and optimize, but ultimately it will return to the fundamentals.