WOOFi Announces the Return of ARB Incentives, with 395,000 ARB to be Distributed to Users Over the Next 12 Weeks

This incentive program is designed to reward users across various WOOFi products, encouraging increased participation and engagement.

KINGSTOWN, Saint Vincent and the Grenadines, June 05, 2024 (GLOBE NEWSWIRE) — Fresh batch of ARB incentives are making a comeback on WOOFi, with a total of 395,000 ARB to be distributed to users over the next 12 weeks, courtesy of the Arbitrum DAO’s STIP Bridge proposal. This incentive program is designed to reward users across various WOOFi products, encouraging increased participation and engagement.

Here’s a breakdown of the incentives:

Rewards for WOOFi Pro and cross-chain swaps will be calculated weekly and available for claim every Monday via the WOOFi app. For WOOFi Earn and Stake, rewards can be claimed through their respective interfaces.

Head over to the WOOFi website for the full event details.

About WOOFi

WOOFi is a top DEX with over $14B cumulative trading volume and 250k+ monthly active users. It supports 11 blockchains and has a wide range of products including earn vaults, simple swaps, cross-chain swaps, and perpetual futures. The native token of WOOFi is WOO, which can be staked to share 80% of all protocol fees.

The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45b21406-3f9c-4eb3-aa7f-6076f67f5d6b