What is Wing Finance (WING)? Crypto Currency WING Token in Details

Wing Finance (WING) Nedir?

It is explained that Wing is a credit-based, cross-chain DeFi lending platform dedicated to crypto asset lending and cross-chain interactions between DeFi products. The project’s decentralized governance model and risk control mechanism are defined to promote a mutually beneficial relationship between borrowers, creditors and guarantors.

Wing has also developed a loan evaluation module as a showcase example of loan-based decentralized lending. There are several project briefs:

Flash Pool: Flash Pool, Wing’s first product, claims to support the lending of assets and launched Insurance Pool to reduce asset risks. It is claimed that users can earn rewards by borrowing, borrowing and depositing from Flash Pool in Wing. It currently supports assets such as ONT, ETH, wBTC, USDT, and DAI.

Loan Lending: Wing is allegedly launching IF Pool, a credit-based loan product where users with OScore can deposit assets with a value of 80% or more of the value of borrowed assets.

Community Offers: It is also claimed that Wing DAO is a place where community members are encouraged to submit offers for DeFi services. The community will be able to make independent decisions on product launches. The model also allows for autonomy in product application rules such as interest rate adjustment, termination and cancellation of products.

WING Tokenı

WING token holders can participate in the administration of the Wing DAO community. This includes voting for the launch of new products, the product implementation rules of the WING token, the allocation of the Wing DAO community fund, and possibly other new governance proposals for the community.

Depending on the transaction volume of DeFi products on the Wing platform, a daily continuous release of WING tokens is assigned to each product. Each product will allocate WING tokens to the borrower, creditor and guarantors providing deposits according to the current allocation rules.

How and Where to Buy WING?

WING, unlike other major cryptocurrencies, is listed on a number of crypto exchanges, it cannot be purchased directly with fiat money. However, you can easily buy this cryptocurrency by purchasing Bitcoin, ETH, USDT from any major exchange and then transfer it to the exchange that offers to trade.

You will need to buy one of the major cryptocurrencies first, usually you can buy with Bitcoin (BTC), Ethereum (ETH), Tether (USDT).

Binen Binance’te listed coins.

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