WOOFi joins Linea’s DeFi Voyage
The 6-week campaign led by L2 Linea will spotlight WOOFi as one of many early builders in the ecosystem
What is the Linea DeFi Voyage?
Linea’s DeFi Voyage will bring everyone - from web3 newcomers to seasoned investors - an intuitive, immersive, and educational DeFi experience. Unfolding over six weeks, users can try out wallets, bridges, money markets, and more to earn Linea Voyage XP. The campaign is a great way to both explore Linea and rack up these non-transferrable soulbound tokens that recognize your contribution to the ecosystem.
About WOOFi
WOOFi is a cross-chain DEX slated to take part in both the bridging and swap waves of Linea’s DeFi Voyage. Users will be able to earn XP by sampling both its one-click cross-chain swaps that account for ~5% of all LayerZero transactions (3.6M in total), as well as its simple swaps that leverage unique synthetic liquidity. Fun fact: WOOFi was one of the earliest DEXs to deploy in the ecosystem back on August 10th and has seen $20M in trading volume just from the ETH - USDC pair since.
Why WOOFi chose Linea
For WOOFi it was an obvious choice given Linea’s compatibility with the Ethereum Virtual Machine (EVM). It can support most Ethereum dApps without requiring extensive code rewrites or additional audits. This has already attracted a wealth of builders including prominent names like Stargate and PancakeSwap. These protocols are likely to bring a considerable number of users to Linea, precisely what WOOFi is looking for.
Unlike other L2s, Linea also has the backing of Consensys - the same entity behind the widely-used self-custodial wallet, MetaMask. With over 100 million users and counting, MetaMask has become a household name in the crypto space, and WOOFi is betting on this titan finding more ways to continue boosting the ecosystem’s visibility and accessibility.
Wave Details: Bridge & On-Ramp Wave
Here’s a quick overview of the tasks you can complete to earn XPs in the bridging wave.
Core Adventure: Moving into Linea
- Commencement: Begin your adventure by moving a minimum of $25 worth of ETH into Linea. The core mission is to use the MetaMask Bridge or any partner on-ramp services to successfully transfer funds to the Linea ecosystem.
Bonus Excursions:
- Diverse Pathways: Expand your horizons by using at least five different partner services to bridge or on-ramp ETH to Linea. Each unique path adds to your knowledge and experience in the vast world of DeFi.
- The High Roller Route: For those seeking higher stakes, bridge at least $1500 worth of ETH onto Linea in a single, grand transaction. This will test your prowess in handling significant volumes and navigating the DeFi space.
- The Accumulator’s Challenge: Accumulate a total of $3.000 worth of ETH bridged into Linea. Your persistence in building your Linea portfolio will be a testament to your dedication to mastering DeFi.
For a quick guide on how to bridge ETH into Linea with WOOFi, you can check out our YouTube video below.
To start your voyage on Linea and begin accumulating those all-important XPs, head straight over to Intract!
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