WOOFi Swap Completes Oracle Update, Begins Base Testing Phase
WOOFi Swap Completes Oracle Update, Begins Base Testing Phase
馃敡 WOOFi testing begins
WOOFi Swap has successfully updated its onchain price oracle and entered active testing on Base network.
Key Developments:
- New oracle infrastructure now deployed
- Base network testing currently underway
- Capital scaling and next phase preparations pending test completion
Background: This milestone follows a multi-week upgrade process that began in early May. The team paused swap contracts temporarily while maintaining earn yields and coverage. Testing will expand to additional chains following Base validation.
The upgrade aims to improve liquidity distribution across WOOFi's supported chains, with implications for both the swap platform and $WOO token utility.
Update: The upgrades are well underway, planning to deploy and test the new WOOFi Swap contracts on Base later this week, with testing on other chains next week
WOOFi Swap is undergoing a major upgrade. To improve liquidity across every chain we support, swap contracts will be temporarily paused. Earn yields are unaffected, coverage continues during downtime. The upgrade is expected to take a few weeks. More details soon.
WOOFi Swap is undergoing a major upgrade. To improve liquidity across every chain we support, swap contracts will be temporarily paused. Earn yields are unaffected, coverage continues during downtime. The upgrade is expected to take a few weeks. More details soon.
WOOFi Swap's onchain price oracle has been updated and the team is now actively testing on Base. Once testing is complete, we can size up some of the capital and begin preparing for the next phase of WOOFi Swap and the $WOO token.
Update: The upgrades are well underway, planning to deploy and test the new WOOFi Swap contracts on Base later this week, with testing on other chains next week
Frontier AI Labs Enable Agent Access via ChatGPT and Grok Subscriptions
Major AI labs are now allowing users to connect to AI agents through existing ChatGPT or Grok (X Premium+) subscriptions. **Key Features:** - Direct access to agents like Starchild through familiar platforms - Automated trading use cases now available - Additional $WOO integrations planned **Trading Capabilities:** Users can brainstorm and execute custom trading strategies by describing ideas to the agent, which then automates execution. Trading fees on platforms like WOOFi Pro are rebated to $WOO stakers. The integration aims to make AI agent functionality more accessible through subscriptions users already have.
WOO Community Votes to Burn 300M Tokens
The WOO community has unanimously approved a proposal to permanently burn 300 million $WOO tokens, representing approximately 15% of the total supply. **Key Details:** - Vote concluded with 100% approval - 300M tokens (~15% of supply) will be burned in coming days - This brings circulating supply to 100% of fully diluted valuation (FDV) - Eliminates future token dilution The burn removes a previously locked token tranche, marking a significant shift in WOO's tokenomics. With no remaining locked supply, holders face zero future dilution risk.
WOOFi Pro Launches AI Trading Copilot Integration
**WOOFi Pro** has integrated **Starchild AI** as a trading copilot directly into its platform interface. The AI assistant aims to help traders make more informed decisions by providing real-time analysis and guidance. Setup is designed to be straightforward for users. - Currently in **beta phase** with regular updates - Available on WOOFi Pro 2.0 platform - Integrated directly into the trading UI The feature represents WOOFi's effort to combine automated intelligence with decentralized trading capabilities.
WOO Network Burns Record 3.7M Tokens in Largest Monthly Destruction
**WOO Network achieved its largest monthly token burn**, destroying 3,738,597 $WOO tokens permanently. The **record burn was boosted** by the platform's enhanced buyback program using weekly trading fees. - Previous monthly burns were significantly smaller (2.1M tokens in September) - Tokens are permanently removed from circulation - Community feedback requested on current fee distribution model The burn mechanism aims to **reduce token supply** and potentially increase value for remaining holders through scarcity. [View burn transaction](https://etherscan.io/tx/0xfbd89ee0c4bdce1735d5c7bf988621e0f071e391c8c1f1030cfe857840587641)