WOOFI contributed the following description of WOOFI Stake:

https://learn.woo.org/

WOOFi is a unique decentralized exchange that bridges the deep liquidity of centralized exchanges on chain. This enables DeFi traders to swap with size and maximize their profits through the lowest swap fees and minimal slippage.

In addition to this, WOOFi has four other core components:

Crosschain swaps

• Move any asset quickly and seamlessly across 11 supported chains with minimum slippage

Revenue sharing

• Stake WOO tokens and earn 80% of all swap fees, paid in USDC or auto compound into WOO

Supercharged yields

• Lend assets to WOOFi's liquidity manager and earn leading single-sided yield, free of impermanent loss

Perpetual futures

• Trade perpetual futures with WOOFi Pro's order book, enjoy a CeFi style trading experience while keeping self-custody

Zellic conducted a security assessment for WOOFI from July 29th to August 7th, 2024. During this engagement, Zellic reviewed WOOFI Stake's code for security vulnerabilities, design issues, and general weaknesses in security posture.