WOO X released the Q3 summary, with WOO token staking increasing by 7.4%, accounting for 33.4% of the circulating supply

ChainCatcher news, WOO X released its Q3 2024 quarterly summary, and WOO X launched the Social Trading Platform. The total amount of WOO tokens staked on WOOFi exceeds that on WOO X.

In the third quarter, the platform's latency was reduced by nearly 20%, enhanced crypto asset custody capabilities through Fireblocks, and simplified the KYC process in collaboration with Sumsub. WOO X also innovatively introduced the "CounterTrading" feature, allowing users to directly reverse-follow the portfolios of top traders.

As of the end of the third quarter, approximately 295 million WOO tokens were staked on WOO X, with another 313 million staked on WOOFi. Overall, this figure represents a 7.4% increase from the previous quarter, accounting for 33.4% of the circulating supply.

Additionally, the WOO Innovation Hub has successfully established partnerships with twelve different tracks to develop and expand its ecosystem.