Wing Finance[WING]
Wing is a decentralized, cross-chain lending platform.
Wing is a credit-based, decentralized platform focused on lending and enabling cross-chain communication between DeFi projects. It seeks to make crypto lending more accessible by utilizing a credit evaluation module, which reduces the need for large collateral requirements. As a DAO, Wing empowers users to participate in decision-making, product design, and operational processes, fostering a community-driven approach to its development and governance.
Wing's integration with Ontology allows it to create collateral pools across different blockchains, making it a cross-chain DeFi platform. Its credit evaluation system, OScore, is a significant innovation. OScore assesses users' lending and borrowing history and digital asset information, providing a fair and secure way to determine creditworthiness. This feature empowers users to have greater control over their accounts and ensures data privacy.
Furthermore, the connection between OScore and loans on the platform leads to reduced collateral requirements, which is advantageous for borrowers. In the inclusive pool, users are incentivized to maintain a good credit score. Those who repay their loans on time can enjoy lower interest rates, creating a system that rewards responsible financial behavior.
Wing's integration with Ontology allows it to create collateral pools across different blockchains, making it a cross-chain DeFi platform. Its credit evaluation system, OScore, is a significant innovation. OScore assesses users' lending and borrowing history and digital asset information, providing a fair and secure way to determine creditworthiness. This feature empowers users to have greater control over their accounts and ensures data privacy.
Furthermore, the connection between OScore and loans on the platform leads to reduced collateral requirements, which is advantageous for borrowers. In the inclusive pool, users are incentivized to maintain a good credit score. Those who repay their loans on time can enjoy lower interest rates, creating a system that rewards responsible financial behavior.
DeFiLending/BorrowingCross-ChainOntology
Current price
24h:7.69%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
97.76%All time low price
170.49%Token supply
0 WING (0%)
7.64M WING (100%)
$0
$5.6
$0
$42.77M
4.68M WING (61.29%)