Woo Network Announces the Launch of WOOFi Swap

TokenInsight news, market maker protocol Woo Network announced the launch of its first DEX WOOFi Swap, to be deployed first on the BSC chain. WOOFi Swap utilizes a Synthetic Proactive Market Making(sPMM) on-chain market making algorithm designed for professional market makers to better simulate the price, spread and depth of a centralized exchange order book. Following the launch, dYdX's designated market maker, Kronos Research, became the first market maker for WOOFi Swap.