Where can I stake WOO? Except for WOO X?
We appreciate your support and understanding.
The WOO Token is available to be staked on WOO X and Ascendex (Bitmax). You can also provide liquidity on DeFi platforms (Bancor, Uniswap, DODO, Loopring, PancakeSwap, C.R.E.A.M, and Balancer).
Please, be sure to educate yourself on the risk of using DeFi platforms.
Full information about WOO tokens (CeFi and DeFi) 👉 https://learn.woo.org/woo-token-utilities
Can I use my staked WOO as collateral for margin trading?
Staked WOO can not be used as collateral. there's a reminder for you while staking such as "Staked WOO is not available for other uses."
Is my staked WOO ever at risk when margin trading?
Your staked WOO isn’t at risk, it's comparable to being in the vault, it's not allowed as collateral, and can't be liquidated.
What is the advantage of staying in a higher tier?
Not only the deduction of trading fee, but the staking tiers are also proportional for rewards, such as higher airdrops and the upcoming benefits events in the future!