From May 9th, we officially list Wing Token (WING) on the ONUS application. Soon after WING is added, users can perform the following features:
- Off-chain transactions: Send and receive WING with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to WING and vice versa.
About Wing Finance
Wing Finance 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.
What is WING Token?
WING is a native token of the Wing Finance ecosystem, operating on BNB Smart Chain according to BEP20 standard, and can be used to:
- Governance voting in Wing DAO
- Rewards incentivize users to participate in the platform actively
- Discounts on fees when trading/paying on the platform
- Transfer to the DAO Community Fund to ensure long-term governance and control risks for the platform
- Name: Wing Token
- Symbol: WING
- Platform: BNB Smart Chain
- Standard: BEP20
- Type: Utility, Governance
- Smart Contract Address: 0x3cb7378565718c64ab86970802140cc48ef1f969