Being the DeFi arm of the WOO ecosystem, WOOFi is a platform that anyone can move assets across chains, swap them earn single-sided yield, and share 80% of all protocol revenue. Even though the amount is remarkably high, considering that all the benefits that come with it including the increase on on-chain activities, TVL, as well as onboarding users from other ecos, and collaboration between Arbitrum eco projects, make the budget requested reasonable and efficient