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Information about Wing Token (WING)
Wing is a credit-based, decentralized financial platform that provides digital lending services. Wing supports cross-chain interaction between various blockchains, DeFi ecosystems; combined with Wing DAO - a decentralized governance model and risk control mechanism to promote a healthy, long-term cooperation relationship between the borrower, creditor and guarantor.
Wing Finance uses a credit score rating system (OScore) based on a user's past loan history/violation history, along with other risk control measures such as KYC,... Admin participants in the Wing DAO can propose to set parameters for new pools. Each product group will include 3 components: Lending Pool, Borrowed Pool, and Risk Control Margin Pool. Profits from the loans will be transferred back to Wing's Margin Pool.
WING is a native token of the Wing Finance ecosystem, operating on BNB Smart Chain according to BEP20 standard, and can be used to:
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