Pros & Cons |
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$89,987 USD currently invested (TVL)
Investments in 2 coin pairs available
Operating on Ethereum protocol
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Variety of products for traders
Buyback and burn model for Woo tokens
Both web and mobile apps are available
Been in business longer than dAMM Finance
(Founded 2019 vs 2021)
Interface supports English, Ukrainian, Turkish, Vietnamese, Portuguese-Portuguese, Spanish, Simplified Chinese, Russian and Indonesian whereas dAMM Finance doesn't
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Staking Rates
dAMM Finance will pay interest on USDC stable coin deposits whereas WOO Network does not
dAMM Finance will pay interest on aUSDC (AUSDC) crypto currency deposits whereas WOO Network does not
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Investments in liquidity pools can be higher risk
Liquidity pool investments are only suitable for advanced crypto users
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Low accesibility to customer service
The company is registered in Cayman Islands
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Staking Rates |
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The table below compares the staking rates for dAMM Finance and WOO Network.
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Company |
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Legal name
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Legal name
WOO Network
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Year founded
2021
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Year founded
2019
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Decentralised
Yes
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Decentralised
Yes
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Products |
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Savings accounts
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Savings accounts
Yes
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Crypto to crypto exchange
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Crypto to crypto exchange
Yes
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Chain agnostic
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Chain agnostic
Yes
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Security |
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Credit check
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Credit check
No
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Registrations & Regulation |
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Know your customer
No
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Know your customer
No
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