On October 21, 2023, WOO X and OpenTrade revealed plans to enhance their Real-World Asset (RWA) flexible period vaults utilizing the Avalanche blockchain. This strategic upgrade is designed to boost liquidity while significantly lowering transaction costs. Notably, the implementation of daily compounding and instant redemption functionalities marks a pivotal advancement for users. Participants in this initiative can expect an impressive annualized return of up to 13.75% during the designated period from October 21, 2024, to January 19, 2025. According to WOO X COO Willy Chuang, this initiative represents a vital step in bridging the gap between traditional finance and sophisticated crypto solutions, reinforcing the company’s commitment to capturing a substantial share of the burgeoning trillion-dollar market in the future.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024