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WoofOracle (WFO) is a blockchain oracle service crucial in bridging the gap between the decentralized blockchain world and real-world data. Its primary function is to provide secure and reliable data feeds for smart contracts and decentralized applications. Utilizing the WoofOracle smart contract ensures accurate token prices on-chain, promoting transparency and trust within the network. Moreover, fees generated from buying and selling operations contribute to rewarding the Oracle data-providers, encouraging active participation, and maintaining a sustainable ecosystem.
To start with WoofOracle, users must set up their wallet and have ETH available. They can easily download MetaMask, a free wallet app, from the app store or Google Play or use the MetaMask Google extension on a desktop. If ETH is unavailable in the wallet, users can purchase it from a centralized exchange and transfer it to their wallet. To acquire WFO tokens, they can visit Uniswap and switch their ETH for WFO by clicking the “Buy Now” button.
WoofOracle’s roadmap is divided into three phases. The first phase involves the launch of the WFO token, setting the foundation for the platform. In the second phase, wrapped WFO tokens will be introduced, allowing users to delegate power to other data providers and receive rewards. Finally, in the third phase, the Woof Oracle for on-chain data providers will be launched, further enhancing the capabilities and functionality of the network. For any inquiries or to join the Woof Oracle community, users can contact@wooforacle.com.
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