Wootrade is a Darkpool trading platform that offers significantly higher than average liquidity, spreads are much lower than mainstream exchanges, and can achieve zero or even negative fees.

Addressing the pain point of liquidity dispersion in the cryptocurrency market, zero fees provide sufficient trading depth for exchanges, wallets, DeFi platforms and large trading institutions.

While cryptocurrency trading has grown and matured rapidly over the past decade, liquidity remains fragmented across different pools of liquidity, transaction costs remain high, and manipulation seems to be pervasive. This is in sharp contrast to established stock and futures markets, where transaction costs already compete for the lowest fees -- including fees, spreads and all other hidden costs -- in traditional financial markets.

Wootrade addresses the liquidity, cost and adverse selection issues of exchanges, investment institutions and end traders in cryptocurrency trading by using a redesigned incentive system. We know that efficient markets are based on a balance of economic incentives, and design a system in which both sides of a transaction can benefit from each other.

By utilizing the platform's WOO token, liquidity providers are encouraged to provide price and spread advantages to improve traders' interests and experience, rather than focusing on trading volume. The goal is to make "execution quality" the primary benchmark. The success of trading platforms is built on liquidity, but can be sustained by trust. Wootrade was incubated by Kronos Research, one of the largest cryptocurrency trading firms, and will receive liquidity seeds from the parent company in the near term.

WOO tokens are embedded in WOO Nerwork's CeFi and DeFi products and services, with multiple functions and usage scenarios such as pledge, discount, revenue and governance.

WOO Network original token WOO supply ceiling of 3 billion, through buyback and destruction to achieve token deflation model. WOO Network will spend 50% of the revenue to buy back WOO in the open market, and the buyback will be destroyed on the 10th of each month after completion.

The concept of zero fees with ultra-deep liquidity sounds simple, but it's not easy to implement. Wootrade's order-flow payment (PFOF) model, in which market makers pay brokers to guide them through them, is nothing new. This is the approach used by Robinhood, where Wootrade sells real-time customer trading information to their investors so that they can illegally steal a march on these retail traders. People will be watching closely to see if that happens.

WOO is a great opportunity for institutions and large trading teams, but may not be so great for the average retail trader. There are thresholds on the amount of investment and volume needed to qualify for the discount.

For example, WooTrade's trading depth of BTCUSDT (mentioned in the white paper) can provide 10 BTC depths within $2, and 100+ BTC depths within $10. For institutional investors, the sliding point spread depth, It's going to be a very important service for them. Different from the track, WHAT WOO does is to serve investment institutions/exchanges /DeFi institutions. The demand is huge and the future development can be expected.