Woo Innovation Hub and Bubbly Finance Announce Strategic Partnership to Revolutionize the Pre-Market
2024年8月1日 - 4:12PM
Innovation Hub, an ecosystem encompassing a range of aligned
products such as the WOOFi protocol and WOO X, a leading global
crypto centralized exchange, is thrilled to announce a strategic
partnership with Bubbly Finance. This collaboration aims to bring
groundbreaking solutions to the pre-market, a $10 billion daily
volume market that currently lacks adequate infrastructure.
Bubbly Finance, aspiring to become the Uniswap of
the pre-market, is set to introduce innovative trading solutions
starting with points and pre-launch tokens. Their vision includes
expanding to encompass Simple Agreements for Future Tokens (SAFTs)
and vesting tokens. Despite the popularity of points issued by
existing projects, their lack of extra yields and liquidity has
limited user adoption. Bubbly Finance intends to address these
challenges by enhancing the overall crypto industry experience with
new opportunities for points farming and liquidity.
Pre-market assets, essentially a form of
deliverable futures, will be transformed by Bubbly Finance’s
innovative Market Liquidity Margin Maker (MLMM). This system
combines the Concentrated Liquidity Market Maker (CLMM) with the
concept of margin from traditional futures markets to create a
pre-market Automated Market Maker (AMM). This hybrid approach aims
to provide a simple and timely trading experience, improved
liquidity and volume, and clear price discovery through physical
delivery.
The WOO Innovation Hub will support Bubbly Finance
in their development by leveraging its extensive ecosystem and
technical expertise to provide critical infrastructure, resources,
and guidance needed for Bubbly's growth. By fostering a
collaborative environment, the WOO Innovation Hub aims to ensure
that Bubbly Finance can effectively navigate the challenges of
scaling their innovative pre-market solutions, ultimately enhancing
the liquidity and accessibility of pre-market assets.
Luke Guo, Bubbly Finance Co-founders,
commented: “We’re thrilled to have the support of the WOO
Innovation Hub! With their strong partnerships, vast connections,
and hands-on assistance, we’re confident in our collaboration.
Plus, with WOO’s spot and derivative CEX and DEX, Bubbly’s
pre-market AMM DEX will perfectly complement and synergize with
WOO, bringing even more value to both our users and
businesses."
Abby Huang, Woo Innovation Hub Lead,
commented: "We are delighted to welcome Bubbly Finance to
our ecosystem. Their innovative approach to pre-market trading
aligns perfectly with our mission to provide cutting-edge solutions
in the blockchain space. This partnership will pave the way for
more efficient and user-friendly decentralized solutions,
benefiting both WOO and Bubbly Finance users."
Contact Us: ecosystem@woo.network
About WOOFiWOOFi is a leading
decentralized exchange (DEX) with over $42B in cumulative trading
volume and more than 250k monthly active users. It supports 11
blockchains and offers a diverse range of products, including earn
vaults, simple swaps, cross-chain swaps, and perpetual futures. The
native token of WOOFi, WOO, can be staked to share 80% of all
protocol fees.
About Bubbly FinanceBubbly Finance
is an innovative AMM-based pre-market DEX, pioneering a new era in
trading pre-market assets such as points, pre-launch tokens,
vesting tokens, and SAFTs. By leveraging a cutting-edge AMM model,
Bubbly Finance provides a seamless trading experience akin to
Uniswap but tailored for assets with physical deliveries, setting a
new standard in futures trading protocols.
DisclaimerThe content above is for
informational sharing purposes only and does not constitute an
investment offer, solicitation, or recommendation. Any investment
decisions made based on this content are undertaken at the
individual's own risk. The partnership between WOO Innovation Hub
and Bubbly does not imply financial advice, token listing or
endorsement of any products or services. All business risks related
to the cooperation are borne by the respective parties
involved.