WOO COO Willy: Differentiation strategies help market competition, optimistic about the integration of Decentralized Finance and AI

Recently, a news platform interviewed WOO's Chief Operating Officer Willy. In the face of fierce competition in the crypto market, WOO has chosen a path of differentiation through innovation, particularly in its latest social trading product, which introduces unique features such as reverse copy trading, aimed at providing users with more flexible risk management and profit distribution options. Additionally, WOO has demonstrated its determination to promote healthy market development by adjusting its token economic model and improving liquidity solutions.

In the interview, Willy emphasized the importance of simplifying DeFi operations by integrating AI technology, making it more user-friendly and enhancing the user experience. He believes that the fusion of AI and cryptocurrency should not only remain a conceptual hype but should become one of the driving forces for industry progress. However, he also pointed out that the balance between centralization and decentralization that comes with the integration of AI and 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 main products: the centralized exchange WOO X and the decentralized exchange WOOFi. The combined daily trading volume of the two platforms is approximately $700 million to $1 billion. WOO X focuses on social trading, targeting professional traders. WOOFi specializes in cross-chain swaps and supports 11 EVM chains, with support for Solana coming soon. The market share of decentralized contract trading is about 3%. The WOO token has been online for more than three years and is listed on major exchanges.

Social Trading Product Features

The reason WOO X launched the social trading product is to address user pain points. Willy pointed out that many excellent traders are unwilling to take on trades due to the high pressure. To this end, WOO introduced the "reverse copy trading" feature, which alleviates the pressure on those taking trades while giving copiers more choices.

In addition, WOO's social trading also provides risk management features, allowing users to adjust different positions and set stop-loss orders. In terms of profit distribution, WOO has adopted a fairer revenue-sharing mechanism to avoid the issue of uneven profit distribution caused by single transactions.

Willy believes that social trading is different from simple copy trading; it incorporates more social elements and could evolve into a social game.

WOO Token Economic Model Adjustment

In response to the current market situation, WOO has locked approximately 20% of the supply of WOO tokens in a treasury. Willy stated that this is to reduce the inflation rate, which is expected to drop below 4% by 2025. At the same time, this initiative aims to convey to the community that WOO values fundamentals.

Liquidity Improvement Measures

In terms of liquidity, WOO collaborates with more than half of the top 15 market makers. WOO X features a DMM Program that covers both large and small currencies and contracts. WOOFi has been technically optimized, such as SPMM supporting multiple chains and deep collaboration with Orderly. Willy believes that social trading can bring better growth for liquidity.

Future Development Direction

Willy is optimistic about the three sectors of DeFi, AI, and Social. He believes that AI can simplify cryptocurrency operations and lower the entry barrier, but also points out that there may be controversies regarding centralization and decentralization when AI combines with the crypto world.

In terms of social aspects, Willy envisions a new form of social interaction based on AI agents in the future, involving interactions between machines, monetary feedback, and social feedback.

Market Outlook

Regarding market trends, Willy believes that the key lies in continuous technological innovation and product experience innovation. He pointed out that the current market's "homogeneous competition" is driving all parties towards differentiation and optimization. If we can see innovations in technology and experience, the market is expected to achieve growth. Ultimately, the fundamentals remain the most important factor.